Analyst Kevin Svenson Says Two Catalysts Could Trigger Bitcoin to New All-Time Highs
According to cryptocurrency analyst and trader Kevin Svenson, two factors could lead to a bullish trend for Bitcoin. The stock market's rebound and an increase in global liquidity could potentially result in new all-time highs for Bitcoin. Svenson notes that Bitcoin's current price action is following a similar pattern to previous cycles, indicating a possible breakout into new all-time highs in the near future. Despite recent volatility, Bitcoin is currently trading at $60,943.
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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