Bitcoin Price Prediction: In the last 24 hours, the cryptocurrency market has seen a decline of 3.7%. During this time, the price of bitcoin has decreased by more than 1.9%. Currently, the price of BTC is $89,003.65, which is about 22.49% less than its all-time high. In the last 30 days, the price of BTC has fallen by more than 8.7%. This decline in the market has increased the concern of investors. However, experts believe that the bull run is not over yet. Corey Klippstein, CEO of Swan Bitcoin, says that the price of BTC can go above $109,000 by June. Let’s know the full details.
Reasons for the rise in BTC price
Klippstein believes that there is a 50% chance of Bitcoin reaching a new all-time high by June. He says that despite the small decline, BTC is still heading for a strong bounce. He also pointed out that the market has to absorb macroeconomic uncertainties, such as Trump’s tariff policies and inflation fears.
Macroeconomic impact on Bitcoin price
On February 1, US President Donald Trump launched an aggressive tariff policy against China, Canada, and Mexico. Since this policy, BTC’s price has dropped by about 14%. Klipstien says that inflation fears are also affecting the Bitcoin market, but this drop is only short-term.
The bull run is not over, it’s just a pause
Klipstien believes that BTC’s trend to go above $100K is still strong. He pointed out that demand from institutional investors is still stable and long-term investors are not selling their holdings. In December 2024, when the market touched the important level of $100K, the market saw a decline of -3.19%. In January 2025, the market returned +9.54%, while February saw a drop of -17.5%. So far this month, the market has seen a gain of 5.53%.
Bitcoin price surge in the near future?
Analyst Timothy Peterson says that BTC could remain between $85,000 and $95,000 for the next 6 to 12 weeks. After this, the price of BTC is expected to reach $100,000.
