Kevin Svenson a crypto analyst and professional trader, suggests Bitcoin (BTC) could reach a new all-time high of above $80,000 before the upcoming halving event. According to Svenson, as Bitcoin enters the fourth stage of its current parabolic curve pattern, volatility is anticipated to rise. This pattern typically exhibits a staircase-like structure with four levels, where the price tends to pause and fluctuate before continuing its upward trend. Numerous investors are expected to enter the market in anticipation of this occurrence. However, Svenson also cautions about potential short-term risks post-halving.…
Bitcoin to hit $83k before halving? Kevin Svenson says ‘yes’
