Guy Swann, a prominent personality in the cryptocurrency arena, recently introduced an innovative concept regarding Bitcoin’s trajectory during a broadcast. He termed this idea the “Silent IPO Theory.” Swann forecasts that Bitcoin has firmly established itself within the global financial landscape and anticipates that 2026 will mark a significant inflection point.
Swann elaborated that he expects Bitcoin to undergo its most challenging phase in 2026, which will test the resilience of investors.
The expert cautioned that many investors might misjudge market movements, emphasizing that immediate expectations for substantial gains may not materialize. He remarked on Bitcoin’s tendency to defy predictions by stating, “Bitcoin enjoys causing discomfort. While many are anticipating a surge this quarter or over the next six months, it tends to prolong periods of uncertainty and leave those who are waiting feeling disheartened.”
A particularly intriguing aspect of his discussion was centered around the “Silent IPO” theory. According to Swann, major players—often referred to as whales—who acquired significant amounts of Bitcoin at lower prices between 2015 and 2018 now possess sufficient liquidity to capitalize on their considerable profits.
In earlier times, a sell-off worth $200 million could have led to drastic market declines; however, with recent developments such as ETFs and increased institutional investments, these sell-offs are now more evenly distributed across the market. This dynamic is resulting in price movements characterized by prolonged stagnation accompanied by discomfort.
Swann has made an audacious prediction regarding Bitcoin’s price for 2026. He asserts that it could exceed $200,000 and even reach levels near $230,000.
Nonetheless, he cautioned against expecting this ascent to be linear; rather it would likely resemble large fluctuations akin to “ocean waves.”
*This does not constitute investment advice.