Analyst Kevin Svenson Says Bitcoin Now Entering Vertical Stage of BTC Bull Market – Here Are His Price Targets
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最新报道：Analyst Kevin Svenson predicts Bitcoin is entering the vertical phase of its bull market, citing historical patterns where BTC surged rapidly after breaking key resistance levels. He notes Bitcoin recently surpassed the $60,000 resistance, a level that previously capped gains for 84 days, signaling potential accelerated upward momentum. Svenson highlights parallels to 2021's bull run, when BTC climbed from $30,000 to $69,000 in five months after a similar breakout. His near-term targets include $72,000 (2024 high), $83,000 (1.618 Fibonacci extension), and $102,000 (2.618 extension), with $150,000 as a longer-term possibility if the rally sustains. The analyst cautions that while vertical phases offer rapid gains, they're often followed by significant corrections.
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