Swan Bitcoin CEO predicts when BTC price will hit new record
Cory Klippsten
The chances of Bitcoin surpassing its all-time high of $109,000 by June are fairly high. However, the market first needs time to adapt to macroeconomic volatility, says Swan Bitcoin CEO Cory Klippsten.
According to Cointelegraph, the expert estimates that the probability of a new all-time high before the end of June exceeds 50%. However, he noted that the market still needs to digest the impact of U.S. President Donald Trump’s tariff threats and the uncertainty surrounding inflation.
"The market first needs to process tariffs, trade war fears, and concerns about slowing growth. Right now, Bitcoin trading below $100,000 feels like a pause, not the end of the bull cycle," he added.
Temporary challenges
Klippsten believes that the momentum that pushed Bitcoin above $100,000 in December 2024 is not yet exhausted, and institutional demand remains strong.
"Macroeconomic instability—geopolitical tensions, inflation fears, and shifts in Federal Reserve policy—creates noise, but these are temporary factors. The market is consolidating now, but I don’t think this phase will last long," Klippsten added.
Meanwhile, after Trump signed an executive order establishing the U.S. Strategic Bitcoin Reserve, the BTC price dropped below $85,000.
