Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says – CurrencyCrypt

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Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says

Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi.

Bitcoin could bottom in October before recovering to around $130,000 ahead of the 2028 halving, according to Swan Bitcoin CEO Cory Klippsten.

Bitcoin’s (BTC) price peaked above $126,000 in early October 2025, meaning that the “market should bottom in October,” Klippsten told Cointelegraph. 

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He argued that Bitcoin has so far bottomed about 12 months after each previous bull market peak, while cautioning against extrapolating from only a few previous cycles.

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