CandleFocus Crypto Analyst Says Bitcoin Parabolic Trend in ‘Strong Health,’ Unveils Timeline for End of BTC Bull Market
2025-01-15
Author: Content Editor
Crypto analyst Kevin Svenson predicts that Bitcoin's parabolic trend will lead to new all-time highs in 2025. He believes that Bitcoin could surge to at least $124,000 before June, experience a correction, and then have another explosive move later in the year. Svenson sees Bitcoin in base four of the parabolic curve pattern, suggesting significant gains in the future. He predicts that Bitcoin will reach a cycle peak of around $160,000 in about ten months. At the time of writing, Bitcoin is trading at $96,569, up 2.2% in the last 24 hours.
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