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Bitcoin has ‘more than 50% chance’ of new high by June: Cory Klippsten

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

Swan Bitcoin CEO Cory Klippsten tells Cointelegraph that while Bitcoin is in a consolidation phase, he doesn’t see that “stretching into long-term sideways movement.”

The chances of Bitcoin surpassing its all-time high of $109,000 by June are favorable, but the market first needs time to absorb volatile macroeconomic conditions, says Swan Bitcoin CEO Cory Klippsten.

“I think there’s more than 50% chance we will see all-time highs before the end of June this year,” Klippsten told Cointelegraph. 

However, he said that market participants first need to adapt to US President Donald Trump’s tariff threats and the uncertainty around inflation rates.

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