Analyst and merchant Kevin Svinson tends to climb on Bitcoin (BTC), where the main encryption assets are hovering over the price of $ 100,000.
Svinson Recount Its 82,300 subscribers from YouTube subscribers have the most bullish Bitcoin, despite the homogeneous feelings in the encryption market, which they attribute to the intense prices of Altcoins in the recent past.
It goes without saying, Bitcoin currencies are working well despite the feeling that you may feel or see them throughout the market.
… We have room for navigation in this course, it is clear that it has just started, as it does not end. We are in the middle and we are really near the exciting part. “
The analyst says that, based on the date, the “truly exciting part” begins from the Bitcoin course after 40 weeks of half. The fourth half event occurred on April 19, 2024, and nearly 41 weeks have passed.
“After forty weeks of half for the year 2012, things became really optimistic, and then the bear market begins after 80 weeks of half for the year 2012.
He moved to 2016 in half – after 40 weeks, things became really rising, and Market Bear begins after 80 weeks of half 2016.
Go here until 2020 to half, things were already rising until the fortieth week in the last session even though the Altcoin cycle started in the fortieth week, but Bitcoin went alongside, but Altcoins became more up at this stage. Then after 80 weeks the bear market begins. Just like other courses. “
According to Svenson, the Bitcoin price may increase by up to 35 % of the current level.
“I think we will likely get the main major swing to a much higher goal before this equivalent trend ends. So I am very confronted $ 124,000, $ 134,000, $ 142,000 … These prices seem very possible for me. “
Bitcoin is traded at $ 10,023 at the time of this report.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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