Bitcoin Could Reach New All-Time High in Just Months, Says Analyst Kevin Svenson
Kevin Svenson, a cryptocurrency analyst and trader, predicts the potential trajectory of Bitcoin in the coming months. He notes that the SP 500 has historically served as a leading indicator for Bitcoin's all-time high breaks. Svenson believes that if the SP 500 breaks its all-time high, Bitcoin is likely less than half a year away from reaching its own all-time high. Based on historical patterns, Svenson suggests that this could lead to a new bull market for Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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