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Swan CEO Klippsten: $BTC could bottom in October, altcoins are 'basically dead'

8/16/2026

One year from Bitcoin's previous peak is the timeframe Swan CEO Klippsten used to pin a potential $BTC floor in October.

He paired the call with a harder read on everything else: altcoins are "basically dead." The October thesis is a cycle-length argument.

Klippsten tied the projected bottom to duration, roughly one year peak to trough, rather than to a price level or on-chain signal. No floor price appeared in the call.

That keeps it in the category of timing argument rather than level call, a distinction that matters when markets want both. The conditional language stays in place throughout.

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