According to CoinMeta, Swan Bitcoin CEO Cory Klippsten stated that Bitcoin could hit a bottom in October and then recover to around $130,000 before the halving in 2028. He pointed out that Bitcoin's price exceeded $126,000 in early October 2025, and the market should hit a bottom in October. Klippsten also mentioned that altcoins, as competitors to Bitcoin, are "basically dead," and believes that the best outcome for cryptocurrencies and decentralized finance is to "become part of traditional finance."