Analyst Kevin Svenson is optimistic about Bitcoin, stating that it is likely to reach a new all-time high soon, potentially within a month. He believes that the upcoming US elections could be a catalyst for this, as previous records have been set during election seasons. Svenson also notes that the current price action of Bitcoin suggests a potential shift from a bearish to a bullish trend, signaling a possible end to the sideways market experienced this year. At the time of writing, Bitcoin is trading at around $67,745, approximately 8% below its previous all-time high.



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