Bitcoin’s bull market remains strong, but Galaxy Digital’s Alex Thorn warns that a drop below $100,000 could signal trouble. Despite recent liquidations, Thorn believes the pullback was not driven by Bitcoin’s fundamentals but rather by macro factors. He emphasizes growing institutional demand supporting the market’s long-term structure, dismissing the historic four-year cycle theory. Thorn highlights lower volatility, increased institutional ownership, and passive accumulation as key trends in the market. Watch the full interview on Cointelegraph’s YouTube channel for more insights on Bitcoin’s future prospects.

Read more at Cointelegraph: Bitcoin’s Bull Market Is Intact, but At Risk, Says Galaxy Digital Analyst