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
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Spot Margin Announcement on Suspension of MAVIA/USDT, BADGER/USDT, BAN/USDT, PONKE/USDT, FLOCK/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
