Bitcoin Approaches Exciting Cycle Phase, Says Analyst Kevin Svenson
- Bitcoin is trading above $100,000.
- Kevin Svenson suggests Bitcoin has more upside potential despite bearish market sentiment.
- The fourth Bitcoin halving occurred on April 19, 2024, and it’s nearly 41 weeks since then.
- Svenson believes Bitcoin could rise by up to 35% from its current price of $105,023.
- He predicts potential future prices of $124,000, $134,000, and $142,000 for Bitcoin.
Analyst Kevin Svenson remains optimistic about Bitcoin’s growth potential as it trades at $105,023. He anticipates a significant price increase based on historical patterns following the halving cycles.
Source (2.6)https://dailyhodl.com/2025/01/31/bitcoin-close-to-the-really-exciting-part-of-the-cycle-says-analyst-kevin-svenson-here-are-his-targets/?rand=59076
