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Home»Analysis»Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects
Analysis

Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects

2025-05-22No Comments2 Mins Read
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A crypto analyst closely followed that the latest Upsswing from Bitcoin (BTC) to a new of all time has confirmed its outbreak.

In a new strategy session, Crypto trader Kevin Svenson tells His 83,200 YouTube subscribers that the best crypto assets of the last upward shift by Market Cap confirms that it will continue to climb until the end of this week, so that BTC’s price will be brought to at least $ 115,000.

“This run could end around May 23 or May 24, that could be if we actually get $ 115,000, so really only a three -day run just like [previously]. I mean, I see no reason why this cannot happen. Usually, when you break all time, there is a lot of speed, there is a lot of excitement and prices move very quickly. So seeing Bitcoin on 115,000 around May 23 or May 24 would be no surprise at all. “

Svenson, however, warns that traders does not mean that the flagship Digital Activum is guaranteed to lose steam of $ 115,000, because he says it can shoot up to $ 124,000 by July.

“Although I say that we can perhaps block up to $ 115,000, this does not mean that the run would be over for $ 115,000. We may just get some chop consolidation and eventually run to my parabolic trend goal of $ 124,000 – that is where I think we are actually the time that is going around in July.”

Bitcoin acts for $ 111,322 at the time of writing, an increase of 2.1% during the last 24 hours.

https://www.youtube.com/watch?v=G_8LCFZKWG8

See also  Gary Gensler says Bitcoin is 'a sign of choice for ransomware' and 'not that decentralized'

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Analyst Bitcoin Breakout confirmed high Kevin prospects reaching SvensonHier Time
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