Cryptocurrency analyst and trader Kevin Svenson believes Bitcoin (BTC) could go parabolic soon after a key event that’s just two months away.
In a new strategy session, Svenson tells his 71,700 YouTube subscribers that Bitcoin is likely to soar to a new all-time high after the halving event in April based on prior cycles.
Halving events, when miners’ rewards are cut in half, occur every four years.
“So this election year, probably going to see the stock market moving up and that means that Bitcoin is likely going to hit that parabolic curvature somewhere after the halving. And then leading into the second half of 2025, that’s where we need to be getting out of the market.”
Source: Kevin Svenson/YouTube
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