Bitcoin Poised for New Highs by June, Says Cory Klippsten

Swan Bitcoin CEO Cory Klippsten recently shared insights with Cointelegraph regarding the future of Bitcoin, indicating that the cryptocurrency has a “more than 50% chance” of surpassing its all-time high of $109,000 by June 2025. Despite the current consolidation phase, Klippsten believes that this is not indicative of a long-term sideways movement.

Market Conditions and Bitcoin’s Future

According to Klippsten, the market must first absorb the ongoing volatile macroeconomic conditions before Bitcoin can reach new heights. He pointed out that participants need to adapt to the implications of US President Donald Trump’s tariff threats and the uncertainty surrounding inflation rates. “The market needs to first digest tariffs, trade war fears, and growth scare fears,” he stated. Currently, Bitcoin is trading at $88,210, reflecting a 4.9% decline over the last day, as per CoinMarketCap data.

Bitcoin’s Resilience Amidst Economic Uncertainty

Klippsten emphasized that Bitcoin trading below $100,000 feels more like a pause rather than the end of the bull run. He noted that the momentum from Bitcoin’s first-ever break above $100,000 in December 2024 has not entirely faded, and institutional demand remains strong. “The macroeconomic uncertainty — geopolitical tensions, inflation fears, and Fed policy shifts — is definitely creating noise, but I’d argue it’s mostly short-term,” he explained.

Historical Context and Future Predictions

Historically, after Bitcoin hit a peak, it consolidated within a broad range of $53,000 to $72,000 for several months. Following the election of Trump in November, Bitcoin surged to $100,000 the next month. However, Trump’s recent order regarding Bitcoin fell short of market expectations, as it only confirmed that most Bitcoin held by the US government would not be sold without providing a clear timeline for future acquisitions.

Expert Opinions on Bitcoin’s Price Movements

In light of Bitcoin’s recent price slide, network economist Timothy Peterson shared with Cointelegraph that, based on historical patterns, Bitcoin is likely to fluctuate between $85,000 and $95,000 over the next six to twelve weeks before gradually trending back up to over $100,000. Bitwise Invest CEO Hunter Horsley expressed that he is not overly concerned about Bitcoin’s price drop following the Strategic Bitcoin Reserve announcement, noting that a similar decline occurred after the launch of spot Bitcoin exchange-traded funds (ETFs) in January 2024.

Investment Considerations

While Klippsten’s insights provide a hopeful outlook for Bitcoin, it is essential to remember that this article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers are encouraged to conduct their own research before making any financial decisions.

Conclusion

As Bitcoin navigates through these turbulent times, the insights from industry leaders like Cory Klippsten offer valuable perspectives on its potential trajectory. With a favorable outlook for new highs by June, the cryptocurrency market remains a space to watch closely.