Analyst Kevin Svenson Says Two Catalysts Could Trigger Bitcoin to New All-Time Highs
According to cryptocurrency analyst and trader Kevin Svenson, two factors could lead to a bullish trend for Bitcoin. The stock market's rebound and an increase in global liquidity could potentially result in new all-time highs for Bitcoin. Svenson notes that Bitcoin's current price action is following a similar pattern to previous cycles, indicating a possible breakout into new all-time highs in the near future. Despite recent volatility, Bitcoin is currently trading at $60,943.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Want Speed, Scale, and Security? Qubetics, Polkadot, and Flare Are the Best Cryptos to Join TodayFlare: Turning Blockchain Data Into Actionable Utili
Discover the best cryptos to join today with updated insights on Qubetics, Polkadot, and Flare. Compare presale stats, utility, token price, and community growth.Qubetics: Redefining Web3 Utility with Power and PrivacyPolkadot: Modular Strength with a Battle-Tested NetworkFinal Thoughts: Should You Back the Next Web3 Power Move?
XRP price consolidates and maintains expectations of growth towards US$ 5
Ethereum Resurrected? ETH Reacts Strongly and Analysts Point to Possible Path to $10.000
Bitcoin price inches closer to new all-time high as ETH, DOGE, PEPE and ATOM rally
Trending news
MoreCrypto prices
More
