According to analyst and trader Kevin Svenson, Bitcoin (BTC) could reach new all-time highs (ATHs) by the end of 2024. Svenson believes Bitcoin is in a macro uptrend and may surpass its current ATH of around $74,000. However, he warns that Bitcoin may first retest lower levels, such as the breakout zone around $58,000. Svenson notes that these short-term moves should not be discounted, but the overall market fundamentals for Bitcoin are looking strong. At the time of writing, Bitcoin is trading at $65,019, up 2.8% in the last 24 hours.



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