Cory Klippsten, the CEO and founder of Swan Bitcoin, has projected that Bitcoin (BTC) will exceed $125,000 by 2026, setting a new all-time high.
During an appearance on CNBC’s “Fast Money,” Klippsten shared his insights on recent trends in the cryptocurrency sector and anticipated price trajectories for Bitcoin. He noted that Bitcoin has recently fluctuated between $85,000 and $91,000 and expressed a bullish outlook for the year ahead.
Highlighting Bitcoin’s historical four-year cycle peaks in 2013, 2017, and 2021, Klippsten suggested that if the expected massive surge in 2025 does not occur as predicted, it might actually signal strength. Unlike previous cycles where sharp drops followed significant rallies, he emphasized that this time institutional investors and government entities are providing robust support to the market.
Klippsten remarked, “The adoption of Bitcoin is essentially irreversible; once individuals enter the ecosystem, they tend to remain invested. Because of this dynamic, I believe there is over a fifty percent probability we will witness a new peak in 2026 with prices climbing beyond $125,000.”
The discussion also touched upon certain mining firms such as Core Scientific pivoting towards artificial intelligence (AI) applications and high-performance computing (HPC). Klippsten reassured that these shifts would not undermine either network security or BTC valuation. He explained that mining operations are inherently adaptable: "Hash rate fluctuations &&&&'s linked costs typically follow price movements. This evolution merely opens fresh avenues within the industry.”
Please note: This content does not constitute financial advice.