Guy Swann, a well-known figure in the cryptocurrency world, put forward a groundbreaking theory about the future of Bitcoin in a broadcast he participated in: the “Silent IPO Theory”. Swann predicts that Bitcoin has now become an integral part of the global financial system and that 2026 will be a turning point.
According to Swann, Bitcoin will follow its “biggest pain path” in 2026, testing investors’ patience.
Swann warned that a large portion of investors would be wrong, noting that the market wouldn’t immediately show the expected massive “green candles.” Referring to Bitcoin’s habit of disappointing expectations, Swann said, “Bitcoin likes to hurt people. While everyone is expecting a boom this quarter or this six months, it will drag it out and leave those waiting miserable.”
The most interesting topic was the “Silent IPO” theory. According to Swann, whales who bought large amounts of Bitcoin at low prices between 2015-2018 now have enough liquidity to realize their enormous profits.
In the past, a $200 million sell-off could have crashed the market, but today, thanks to ETFs and institutional inflows, these sell-offs are spread across the market. This situation is causing the price to move “sideways but painfully” for a while.
Guy Swann has made a rather bold price prediction for 2026. The expert believes Bitcoin will surpass the $200,000 mark, stating, “I think it will break $200,000, and we could even see levels around $230,000.”
However, he warned that this rise would not occur in a straight line, but rather in large fluctuations like “ocean waves.”
*This is not investment advice.
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