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'$10k Gold, $1M Bitcoin': Cory Klippsten's Price Targets After Market Turmoil
After a $1.8 billion liquidation event rocked the crypto derivatives market, Swan Bitcoin CEO Cory Klippsten joins Kitco News Anchor Jeremy Szafron for a deep dive into the forces driving the market. Klippsten provides a masterclass on the Bitcoin thesis, arguing that the recent volatility is "not a big deal" and that his long-term price targets of $10,000 Gold and $1 million Bitcoin remain firmly intact.
He dismisses the rise of corporate Ethereum treasuries as "just marketing" and argues that staking ETH is "stupid" when the asset is devaluing against Bitcoin. Klippsten also breaks down why he believes the Bitcoin cycles are dampening but not over, and gives his take on the new "crypto-friendly" SEC, the threat of a Digital Euro, and why he believes Bitcoin will eventually surpass Gold's market cap.
During the interview, Cory referenced his in-depth research on the diminishing effects of the Bitcoin halving. For viewers who want a deeper dive into the data and his analysis, you can find the research paper he mentioned at the link below:
➡️ Read the full research here: (https://www.swanbitcoin.com/analysis/...)
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