Bitcoin’s Potential Surge to New All-Time Highs
- Kevin Svenson predicts Bitcoin could reach a target of $115,000.
- Bitcoin recently broke out of consolidation patterns observed since April.
- Svenson emphasizes the importance of a bullish S&P 500 for Bitcoin’s continued rise.
- The S&P 500 is nearing its all-time high after significant market recovery.
- Bitcoin is currently trading at $106,000, showing no change on the day.
Analyst Kevin Svenson forecasts that Bitcoin may hit $115,000 if the S&P 500 maintains its upward trend. Bitcoin is trading at $106,000 as of now.
Source (2.6)https://dailyhodl.com/2025/05/20/crypto-strategist-predicts-breakout-rallies-to-new-all-time-highs-for-bitcoin-btc-but-theres-a-catch/?rand=59076
