Crypto Analyst Says Bitcoin Could Reach All-time High In ‘Less Than Half A Year,’ Cites S&P 500’s Performance
Published by
Benzinga
Benzinga
Crypto analyst and trader Kevin Svenson recently shared his perspective on the potential future movements of Bitcoin (CRYPTO: BTC), drawing a comparison with the S&P 500 index. In an YouTube video on Friday, Svenson highlighted the S&P 500’s role as a forerunner in predicting Bitcoin’s price surges, especially when it comes to setting new records. “The S&P is always leading Bitcoin on the all-time high breaks. And this is a good sign because Bitcoin is still 40% below its all-time high and the S&P is right near its all-time high,” he said. Examining past events, Svenson noted the time interval…
