Bitcoin aims for new all-time highs by June

Bitcoin is in a phase of consolidation, but according to Cory Klippsten, CEO of Swan Bitcoin, the odds of it reaching new all-time highs by June 2025 are greater than 50%. As the market adapts to macroeconomic conditions and geopolitical tensions, Klippsten predicts a bullish future for the cryptocurrency.

Klippsten’s Bitcoin Price Predictions: New ATH Expected by June

Klippsten stated to Cointelegraph that, despite Bitcoin going through a period of consolidation, he does not expect this to turn into a long-term sideways movement. According to him, the market must first absorb the uncertainties related to the tariff policies of the United States and the concerns about inflation.

Currently, Bitcoin is at a price below 100,000 dollars, which represents a pause rather than an end of the bull trend.

The announcement of tariffs on imports by former president Donald Trump caused a decline in the price of Bitcoin, which lost nearly 14% from the peak of 109,000 dollars. However, Klippsten emphasizes that institutional demand remains strong and that macroeconomic uncertainties are more of a short-term noise.

Historical analysis of market trends

After reaching a historic high of 73,679 dollars in March, Bitcoin consolidated in a range between 53,000 and 72,000 dollars for several months. It then surpassed 100,000 dollars after the presidential elections of Trump, but fell below 85,000 dollars after the executive order for the creation of a strategic Bitcoin reserve. This order did not meet market expectations, as it did not provide details on future acquisitions.

Future predictions of Bitcoin price and market sentiment

According to Timothy Peterson, network economist, Bitcoin could oscillate between 85,000 and 95,000 dollars in the coming weeks, before resuming the bull trend beyond 100,000 dollars. Hunter Horsley, CEO of Bitwise Invest, is also not worried about the recent price dip, comparing it to the one that occurred after the launch of Bitcoin ETFs.

In summary, while Bitcoin faces macroeconomic challenges and volatility, the long-term outlook remains positive. The confidence of Klippsten and other experts in Bitcoin’s potential to reach new all-time highs by June 2025 underscores Bitcoin’s resilience and appeal as an asset.

The question remains: will the market be able to adapt and overcome the current uncertainties to embrace a new phase of growth?