Cryptocurrency analyst Kevin Svenson believes that Bitcoin is still in a parabolic trend and has more room to increase before a correction occurs. He expects Bitcoin to rise by 19% to 34% from its current level before completing the parabolic trend. Svenson also believes that Bitcoin's bull run could end in the fourth quarter of this year based on historical price patterns seen in previous four-year cycles. As of now, Bitcoin is trading at $104,260.
Content Editor ( dailyhodl.com )
- 2025-01-23
‘We’re Going Higher for Longer’: Crypto Analyst Says Bitcoin Primed for Another Major Leg Up – Here’s His Target
