Swan CEO's Bold Bitcoin Prediction Swan's CEO, Jacob King, has made a controversial prediction regarding Bitcoin's future, stating definitively that "BTC will never surpass its previous all-time high again." This stark outlook contrasts sharply with the optimism often found within the crypto community. Bear Market: The Last Cycle? King attributes his bearish forecast to a belief that the unsustainable exuberance of recent years is over. He argues that the "greed and overheating" that fueled Bitcoin's past rallies are unlikely to return. Furthermore, he suggests that the current bear market represents the final phase before Bitcoin's ultimate demise. Reality Bites for Bitcoin? King's perspective emphasizes a shift towards a more grounded understanding of Bitcoin's limitations. He believes "Reality is finally beginning to emerge," suggesting that fundamental issues are now outweighing the speculative hype that once drove the price. While many still envision Bitcoin's long-term success, King paints a drastically different picture of its future. ```