CandleFocus Bitcoin Primed To Hit a Much Higher Price Faster Than People Expect, Says Kevin Svenson – Here’s His Target
2025-01-17
Author: Content Editor
Cryptocurrency analyst Kevin Svenson predicts that Bitcoin (BTC) will break out above a descending trendline, leading to a significant increase in price. He believes that Bitcoin is currently in a parabolic trend and could reach a new all-time high above $140,000 before the end of the year. Bitcoin is currently trading at around $99,170, approximately 8% below its all-time high. Since reaching a low of about $89,800 earlier this week, Bitcoin has increased by around 10%.
Related News
What’s to come for Solana under a Trump presidency? Top 3 Artificial Intelligence (AI) Coins of the Third Week of January 2025 Can 20,000 XRP Change Your Financial Future if XRP Price Rallies Like 2017? Time to Buy Ethereum? Whales Purchase Over $1 Billion in ETH Bitcoin (BTC) Price Prediction for January 17 Trump plans crypto-friendly orders in first few days in power Crypto PAC Fairshake Steps Up For an Encore in Florida Special Elections Dogecoin to $1? Traders say a 140% DOGE rally could happen before February A Hidden Barrier to Smart Crypto Policy: The Ethics Rule Blocking Tech Talent ICP price on edge as crypto expert blasts Internet Computer Robinhood Expands EU Crypto Offerings with Sonic (S) Token Support Veteran Analyst Reveals the Scenario He Expects in Bitcoin This Weekend Crypto champion Vivek Ramaswamy plans to run for Ohio governor: reports 'Gary Who?': Ripple Mocks Gensler's Exit Solana (SOL) Uptrend Gains Momentum with Multiple Golden Crosses Forming ETP: Exchange-traded patience Trump ushers in new age for crypto, Wormhole Foundation’s Cathy Yoon says Trump’s day 1 promises come due Solana ETFs: How a 2025 launch could play out 'Crypto Godfather' and crooked cop plotted $100 million crypto heist, DOJ says Coinbase advocates for a US government strategic Bitcoin reserve TON DeFi lender EVAA Protocol raises $2.5 million in private token sale SOLV Surges 600%: Can the Momentum Last or Will a Selloff Follow? Polymarket active daily users soar in January as “TikTok ban” predictions heat up Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish Bitcoin mining pools struggle to make payouts in bitcoin Sony Just Launched an Ethereum Network—Will It Get PlayStation Games? “Now We’re Cooking with Gas”: Chainlink Founder on Institutional On-Chain Adoption Cardano (ADA) Price Prediction Today Bitcoin Snaps Downtrend, Hits $105K as Anticipation Builds for Trump's Inauguration Pepe (PEPE) Rally Begins, 38% More Surge Expected Wyoming and Massachusetts introduce legislation to allow state investments in Bitcoin Pectra progress: Gas refunds, audits and Ethereum leadership talk Ethereum Whales Keep Accumulating as ETH Price Approaches $3,500 Is Stellar’s XLM a cheaper XRP alternative to buy now? TIA Token Breaks Year-Long Channel: Analysts Eye $10 Price Target Key Resistance Levels for Cardano’s Potential Rally to $2 Correlation between Bitcoin price and VC investment breaks down: Report dYdX Chain v8.0 upgrade vote goes live One SEC commissioner down before Trump’s term — Gary Gensler is next Ripple: THIS pushed XRP past its 7-year high, what’s next? Crypto Whales Bought These Altcoins in the Third Week of January 2025 What is a Bitcoin Supercycle? How Institutional Crypto Adoption Could Reshape the Economy 2 cryptocurrencies to reach a $25 billion market cap in Q1 2025 Ted Cruz plans to overturn controversial IRS crypto tax rule as Trump enters office Did You Know David Lynch Made NFTs With Rock Band Interpol? Coinbase’s bitcoin-backed loans are just the start President Trump Has Got A Bold Vision For Bitcoin In America DWF Labs Stakes $5.17M in $DEXE Tokens for 12 Months Here’s why Morpho price just surged to an all-time high What is a crypto whitepaper? Whitepapers explained Analyst Whose 2023 and 2024 Bitcoin (BTC) Predictions Came True Announces His 2025 Price Target! Legendary Analyst il Capo Shares His Strategy for When “Big Altcoin Season” Arrives What is Ethereum Virtual Machine (EVM)? A deep dive How high can Pepe coin price hit if Bitcoin jumps to $110k? Quarter Billion Dollars in Bitcoin Stun Major US Exchange Coinbase Price analysis 1/17: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, LINK, XLM Wyoming Introduces Bitcoin Strategic Reserve Bill Altcoin Market Primed for $1.3 Trillion Run After 36-Day Correction, Analyst Predicts BTC Breaks $105K: Is the ‘Trump Pump’ or Institutional Adoption Fueling a $3.63T Crypto Economy? Share of crypto trading activity during U.S. hours hit a record high of nearly 60% MAGA memecoins rally as crypto traders bet on Trump’s return to the White House Bitcoin's Triumph: 'Death Call' at $400 Proven Wrong Dogecoin Pumps 27% as DOGE Open Interest Tops Record $5.5 Billion California State Assembly Plans to Draft Pro-Bitcoin Legislation and Back Bitcoin Initiatives BlackRock Bitcoin ETF Takes in $527 Million as BTC Eyes $103,000 Bitcoin surges past $100K as Trump prepares to take office Pro-Bitcoin lawmakers pack Congress as partisan gridlock looms Technical analysts predict Ethereum price surge XRP Bulls Dominate With One Billion XRP Bullish Volume Coinbase Prime sees notable uptick in OTC bitcoin trading by institutional investors: CryptoQuant MicroStrategy Plans Major Share Increase to Fund Bitcoin: Bloomberg Ripple CTO Clarifies RLUSD Anomaly as XRP Price Jumps Crypto execs plan Trump inauguration attendance — at a steep price LA Wildfires Ethereum NFT Benefit Project Features Art From CryptoPunks Creator Shiba Inu's Outflow Skyrockets 883%: What's Driving Trend? AI predicts Chainlink (LINK) price for Q1 2025 Bitcoin Now Has Lower Fees Than Ethereum Bitcoin Spikes to 2025 High Price Near $105K Ahead of Trump Inauguration Why Ripple (XRP) is Going Up Today: Price Nears 2018 All-Time High How the Updated MVRV Z-Score Improves Bitcoin Price Predictions Orbiter Finance and Azuki’s Anime Reveal Token Generation Event (TGE) Dates Roasting Ripple: XRP Army finally becomes the smart money Analyst sees significant upside for DOGE, with a ‘long way to go' in its bull run Plume Network to Advance RWA Finance in Partnership with Cobo ⚡ Boosts and Rules for Crypto News Farming: What’s Important to Know? Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital Users Circumvent Sony’s Soneium Controversial Block on Meme Coins XRP Market Analysis: Resistance at $3.40 Poses a Crucial Test for Bullish Momentum SHIB Price Prediction for January 17 Tether Invests In StablR To Promote Stablecoin Adoption In Europe Global Crypto Adoption Hits 562 Million Users as UAE, Singapore Dominate FARTCOIN’s 20% Jump Sparks Hopes of All-Time High Return OKX Jumpstart Introduces Animecoin Mining With OKB and BTC ‘We Are All Satoshi,’ Michael Saylor Says As Bitcoin Approaches $103,000 EOS price and open interest are rising: can it soar to $15? 2 crypto startups crossing the chasm this week to keep an eye on LINK Pump Targets Set at $43 and $70 With Bullish Cycle Top Chainlink Prediction of $200 – $250 Bitcoin Price Analysis: BTC Eyes New All-Time High If Key Support Holds 3 Charts Hint Dogecoin Price Could Hit $1 As Whales Accumulate 550M DOGE Bitcoin Technical Analysis: Higher Lows Signal a Bullish Breakout Beyond $108K Ripple Price Analysis: Warning Signs Emerge for XRP After 40% Weekly Surge SOLV Price Drops 35% After Binance Expands Support – Will It Rebound? California Is Working Towards Embracing Bitcoin Here’s how much JD Vance's Bitcoin investment is up since Trump won Global M&A to exceed $4 trillion in 2025, setting the stage for crypto’s consolidation wave NH Liberty Activists Rally Behind Crypto Innovators, Seek Presidential Pardons Bitcoin is Predicted to Reach $ 111,010 By Jan 22, 2025 Ripple’s XRP leads top 50 assets in YTD gains Bitcoin surges over $102,400k as U.S. investors bet big on pro-crypto Trump era Dogecoin’s Bullish Push Gains Steam, A Retest To $0.4 Ahead Bitcoin’s resurgence: A regulatory reset and a path to innovation | Opinion Can Ethereum Hit New All-Time High Before February 2025? ADA and ALGO Price Predictions: Layer-1 Giants Preparing for a Breakout? WazirX Crypto Heist Update: Exchange Freezes $3M in Stolen Assets VeChain Rides Market Optimism: Is a $0.10 Milestone Imminent for VET? Pump fun faces class action over PNUT token's alleged securities violations Trump's crypto wallet revealed before he takes office Shiba Inu (SHIB) Bull Rally Faces 65.46 Trillion Meme Coin Bear Block Bitcoin Primed To Hit a Much Higher Price Faster Than People Expect, Says Kevin Svenson – Here’s His Target The Importance of Gas Fees in Blockchain Transactions AI predicts XRP price for February 1, 2025 Will Donald Trump Announce the Strategic Bitcoin Reserve on January 20? Bitcoin Exchange Binance Announces Listing of These Altcoins on Its Futures Platform! Here Are the Details Dogecoin Price Prediction: Is a Major Rally on the Horizon? The Hard Truth: Regulation Completes Decentralization, Not Replaces It XRP’s Trading Volume Tops $20 Billion on Potential US Crypto Reserve Speculation Adding bitcoin to balance sheets doesn’t always mean big wins CFPB Orders Block to Pay $255 Million for "Compliance and Fraud Failures" DOGE Price Prediction for January 17 DOGE Continues Its Range Below The $0.42 Barrier XRP Rally Unstoppable: XRP, Which Has Surpassed All Altcoins One By One, Could Soon Surpass Ethereum! Here's Why! Coinbase restrictions almost ruined crypto trader’s wedding Hedera Tokenizes $3 Billion Worth Of Diamonds And Other Luxury Goods When Will We Reach the Peak in Bitcoin? Analysts Answered, Listed Three Indicators That Will Indicate the Peak! OKB price up 20% as OKX picks it for mining anime-inspired ANIME token Bitcoin Hits $102K: Which Altcoins Skyrocketed the Most? Monad Launches the Monad Foundation to Drive Ecosystem Growth Why Betting Against Ethereum Now Could Be a Mistake Barstool Sports Founder Sees XRP Going to the Moon XRPL Amendment to Allow Creation of XRP/RLUSD AMM Pool Gains Validator Approval Coinbase’s Bitcoin-Backed Loans for USDC Draws Mixed Reactions Dogecoin Momentum: DOGE Price reaches $1 ATH SOON with Musk in D.O.G.E. Shiba Inu Bulls Gain Ground as SHIB Eyes $0.000025 Amid $3M in Excess Demand Ethereum accounted for over 50% of $2.3b lost to hacks and exploits in 2024 Altcoin Unlocks Total $108M: Key Events from January 20-26 XRP vs. Ethereum: Can Ripple’s Token Stage Another Market Cap Upset? Publicly Traded U.S. Crypto Miners Double Bitcoin Holdings to Almost 100K in a Year Abnormal $231 Million DOGE Transfer Stuns Dogecoin Rich List XRP Price Prediction for January 18: What to Expect in the Next 24 Hours Ethereum Eyes $3,500 Breakout Amid $166M ETF Inflows Santiment Reveals 10 Altcoins That Whales Are Flocking To As Bitcoin (BTC) Rises! Bitcoin Surge Drives $2.19B in Options Expiry as Bulls Eye $105K Uzbekistan Regulator Authorizes Binance to Offer Services in The Country Here’s why Bitcoin needs break above $103k to escape bearish territory Bitcoin Breaks $102,000: Is $111,570 the Next Target? Crypto Market Maker Wintermute Sees Record $2.24 Billion Daily Trading Volume Analyst: Shiba Inu Monthly Chart Shows Imminent “Big Pump” THORChain to Broaden Cross-Chain Ecosystem by Enabling Base Swaps HBAR uptrend remains strong amid ETF rumors and new partnerships Bitcoin Exchange OKX Announces It Will List This Altcoin on Its Margin Platform! Here Are the Details Shiba Inu (SHIB) Eyes Multi-Week High as Key Metrics Skyrocket Will LINK Sustain Its Momentum or Face a Pullback? Made in USA tokens: is the trend just hype, or a filter for quality projects? Why Is Hedera (HBAR) Price Skyrocketing Today? Crypto Price Analysis January-17: ETH, XRP, ADA, BNB, and SOL US Bitcoin reserve has pundits in tailspin as Trump inauguration looms Bitcoin (BTC) Hits 7-Year Low on Exchange: Supply Shock? South Korean Crypto CEO Jailed for Selling Military Secrets to North Korea 'Rich Dad Poor Dad' Author Reveals Big Asset Similar to Bitcoin: ‘Supply Low, Demand Up’ Top Reasons Bitcoin Price Could Hit $130K in 26 Days Bitcoin Rebounds Strongly from $89,000 Dip, Eyes Major Breakout Dogecoin ETF in 2025 a Possibility as TradFi Warms to Meme Coins: Wintermute Yat Siu-backed Open Campus launches layer-3 EDU Chain on Arbitrum Normalized Risk Metric Shows TON Near Historical Low-Risk Levels XRP Welcomes 511,430 Wallets Amid Price Pump with 2,365 Whale Transactions Cardano Price Forecast: 2 Reasons to Sell Ethereum (ETH) For ADA AI Tokens Trail Past Cycles: Can Bitcoin’s Surge Help? Ripple Stablecoin RLUSD Now Live on the Root Network Here Are the Top 10 Crypto Assets by Whale Transactions This Week Bitcoin Reclaims $102K Amid Speculation About Strategic Reserve Last Call for Dogecoin Under $0.40? Analyst Eyes $1 By End of January 2025 Merit Systems raises $10 million in round co-led by a16z crypto and Blockchain Capital Bitget Partners With Jambo to Fund Telecom Satellite Launch Indian billionaire Mukesh Ambani’s Jio launches mystery JioCoin on Polygon US Fed Money Printing Soon As Reverse Repo Under $100B, Bitcoin Rally Ahead? Cardano’s 22% Weekly Surge Locks in the $1 Key Zone Finance Expert Says Those Predicting XRP Will Hit $100 Have Undiagnosed Mental Disabilities Binance Expands Support For Pepe Coin In MENA Region, What’s Next For PEPE? 3 Altcoins Gaining Momentum in the Third Week of January Chainlink Price Surges 10%, Is LINK Set To Revisit $40? Base targets $100 billion in on-chain assets in 2025 Bitcoin Miners Have Started 2025 on a Strong Footing, JPMorgan Says Aptos Crypto: Stablecoin Market Cap And APT Staked Hit New Highs 46% of crypto VC funds went to US startups in Q4, and Trump could boost that South Korean Woman Steals $480,000 in Crypto to Pay Off Debts 3 Altcoins That Reached All-Time Highs Today — January 17 Chainlink price prediction: here’s why LINK may surge to $50 soon Bitcoin's 'Coinbase Premium' Muted Amid Reports Trump Plans to Designate Crypto a National Policy Nearly $3 Billion in Bitcoin and Ethereum Options Expire Today Ahead of Trump’s Inauguration XRP Surpasses Bitcoin in Trading Volume on Coinbase ADA Mirrors XRP’s Bullish Breakout Pattern Crypto credit innovator Idle launches onchain private credit vault on Optimism How can traders like you profit from ONDO’s funding rate crash? Crypto set for ‘dozens of smaller victories’ in 2025: Grayscale exec Ethena: Why ENA could drop below $0.7 amid whale sell-offs AI Agents Are Coming to Bitcoin via Merlin Chain and ElizaOS Integration Canada’s Goodfood Takes a Stand Against Inflation: Bitcoin Becomes Its Treasury Shield Namibia Flips the Script: Central Bank Grants Provisional Approval to Crypto Firms ALGO Price Analysis: Will Bulls Drive Algorand Toward Double-Digit Gains? Follow The BTC: How “Mega-Political Forces” Are Shaping Finance In 2025 Bitcoin Bound for $175,000: Fundstrat Exec Forecasts Unprecedented Climb BRICS News: Rising Oil Prices Loom as BRICS and US Face Off, Warns Goldman Sachs Bitcoin reenters $100,000 territory amid lower inflation data and expectations for Trump US consumer finance watchdog sued for treating digital wallets like banks BNB Price Poised for Gains: Bulls Push for New Highs Expert Says Accumulating 10,000 XRP Could Lead to Unimaginable Financial Freedom Telegram Malware Scams Surge 2,000%, Overtaking Phishing Attacks Ripple CLO Denies Rumors of Trump Criticism Over Campaign Donations Tether CEO sets eyes on US Expansion expecting a boom in profit Binance Updates Crypto Transfer Rules for Belgium and Poland to Meet EU Regulations Pro-XRP Lawyer Rips SEC’s Appeal, Expects Ripple to Win Big ADA Mirrors XRP’s Bullish Breakout Pattern Pi Network’s Market Position Faces Unparalleled Challenges GraFun Partners with FlokiFi for Alpha Launch to Offer Unparalleled Liquidity Security Wave and CAI | CharacterX Join Forces to Transform Web3 with Seamless AI Integration OCBC fractionalizes assets; Turkish bank gets into ‘crypto’ trading BTC Dominance Drops: Are Alts Gearing Up for a Breakout? MakersPlace announces market exit, ends six years of digital art operations Bitcoin Price Signals Strength: Bulls Prepare for the Next Leg Up HeLa Space and Funton.ai Unite to Revolutionize Gaming with Web3 Innovations Ethereum Price on The Move: Bulls Push for a Fresh Upside Can Litecoin Sustain Its Momentum Despite Bearish Indicators? Whales Accumulate $3.8B in XRP, Pushing Prices to 13-Month High Crypto Market Today Jan 17: BTC Hits $102K, Traders Eye ETH Options Expiry & Trump Trade XRP Price Targets a New All-Time High: Can Bulls Deliver? Litecoin (LTC) Jumps 19%: What’s Behind The Rally? Solana proposes a variable emission model to curb inflation Donald Trump to Make Cryptocurrency a National Priority Toncoin Stabilizes Above $5: Is Now The Time To Buy TON? Crypto developer sues DOJ over Biden-era regulatory crackdown Dogwifhat (WIF) Price Gains 8%, Testing Critical Resistance Levels Tokyo politician to develop AI tool to manage political funds and aggregate public opinion Maserati Combines AI and Speed in the MC20 Supercar Cryptocurrencies Poised for Significant Growth in 2025: An Analysis Grayscale XRP Trust returns, offering regulated exposure to XRP Litecoin ETF Gains Momentum With Nasdaq 19b-4 Filing XRP Mirrors 2017 Rally with $16.57 in Sight, Bullish Surge Incoming? Analyst Says Top-10 Altcoin Has a Massively Bullish Setup, Maps Path Forward for Polygon, Ethena and Algorand XRP ETF Approval Odds Soar to 70% on Polymarket Sonic (S) Sees 500% Volume Surge While Indicators Flash Mixed Trends Coinbase Offers Bitcoin-Backed Loans Up to 100000 in USDC to US Users Trump’s SEC and CFTC Picks Could Redefine Crypto Regulation Upbit Under Investigation for KYC Violations by South Korean Regulators Phantom Wallet raises $150 million at $3 billion valuation Spot Crypto ETFs: Litecoin Likely Next In Line For SEC Nod Bitcoin ETF Inflows Soar as Institutional Investors Respond to Core CPI Decline Ethereum Developers Agree on Pectra Upgrade Launch Timeline Ethereum is Predicted to Reach $ 3,659.58 By Jan 21, 2025 US Treasury secretary nominee sees “no reason” for CBDC Will Dogecoin Price Rally To $3 As Whales Accumulate 200M DOGE? Nasdaq Files Application to List Canary Capital’s Litecoin ETF Top US-Based Crypto Exchange Coinbase Announces Bitcoin (BTC)-Backed USDC Loans Algorand (ALGO) Gains 20%, Market Cap Hits $4 Billion in Strong Rebound
