By Isaac • August 16, 2026 11:18 pm •
Bitcoin may be closer to a cycle bottom than the market thinks. But the more consequential call from Swan Bitcoin CEO Cory Klippsten is not about the exact month or price.
It is about what happens to the rest of crypto when institutional money decides where it belongs.
Klippsten told Cointelegraph that Bitcoin could bottom in October, roughly one year after its October 2025 peak above $126,000. He sees $57,000 as a plausible low and said a brief move to $53,000 is also possible before a fast recovery.
His longer-range target is around $130,000 ahead of Bitcoin’s 2028 halving.
That is the price call. The altcoin call is much harsher.
⚡ INSIGHT: Bottom soon?
Swan
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