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Board Altcoin Discussion
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Swan Bitcoin CEO predicts BTC to cross $109k by June
by
Cryptocrit
on 07/03/2025, 14:11:29 UTC
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2UK8-Q_z4D5ebh0wseBzPqv1MB7jUc-d3dj5hZ6h-WT0OqOLpqDhtd7uW6GSPXwYMkx2f7lm8BpMRnRb2LFfuHAOpQ40TCbWqM6FsJkpK4DS1CWvjPuwo_sEqnvbD2hUtDr2lqbsER0pHMwoL7hzHuCwPhpKDh9_Yzm1AU691DSXVAVkguckOqndPC19t/w640-h640/Screenshot_19.jpg

Bitcoin is trading at $88,210, which is 4.9% lower than the previous day. Since the announcement of the tariffs on February 1, Bitcoin has fallen nearly 14%. Despite this drop, Klippsten remains optimistic about Bitcoin’s future. He says that the strong momentum from Bitcoin’s first break above $100,000 in December 2024 is still present, and institutional investors have not lost interest in Bitcoin.

Bitcoin has a good chance of breaking its all-time high of $109,000 by June, according to Swan Bitcoin CEO Cory Klippsten. He believes there is more than a 50% chance that Bitcoin will reach a new peak before the end of June. However, he also points out that the market is currently dealing with economic uncertainties that need to be absorbed before Bitcoin can continue its upward trend.

One of the biggest challenges affecting Bitcoin’s price right now is the uncertainty surrounding U.S. President Donald Trump's new import tariffs. These tariffs, which impact goods from China, Canada, and Mexico, have caused concern among investors. Inflation rates and fears of a slowdown in economic growth are also making traders cautious. Klippsten believes that Bitcoin’s current price below $100,000 is just a temporary pause and not the end of the bull run.

https://www.cryptocrit.xyz/2025/03/swan-bitcoin-ceo-predicts-btc-to-cross.html