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.
Reaching 109k is basically saying we will beat ATH until June, and that is not a crazy think to say. We are only just 20% or so away from it, lets say 30% to be sure. We have done nearly 15-20% already just from this recovery, within a few days, could we say that is a bad move? I mean if we have done this in a few days, then that can be done too.
I do not know what Swan is and why we should care about their CEO, but the dude is not wrong, what he said is a big possibility. However, even if we do end up with missing it, then I am sure that after the summer the prices will start to go back up. I am expecting over 133k+ within 2025 itself, that should be what the bull run should bring us before the year ends.