Web Analytics
The Daily Hodl
2025-01-15 08:04:55

Crypto Analyst Says Bitcoin Parabolic Trend in ‘Strong Health,’ Unveils Timeline for End of BTC Bull Market

Analyst and trader Kevin Svenson believes Bitcoin ( BTC ) will print new all-time highs in 2025 as a key trend remains intact. In a new strategy session, Svenson tells his 81,800 YouTube subscribers that Bitcoin’s parabolic trend indicates the flagship crypto asset may surge to at least $124,000 before June, correct for a few months, then have one final explosive move in late 2025. “The Bitcoin parabolic trend [on the weekly chart] is in strong health. It’s very healthy. Look at it. The weekly’s going back to the green. It looks like a nice hammer candle is being printed right here… hammer candle before a major uptrend continuation… Bitcoin is elevated heavily off the parabolic trendline, which means that, in theory, Bitcoin could dip even further if it wanted to, and it would still be an exponential higher low within a parabolic trend. Not saying it’s going to. My bias is bullish, and there’s not really anything wrong with the trend at all.” Source: Kevin Svenson/YouTube According to the analyst, Bitcoin appears to be in base four of the parabolic curve pattern, putting BTC in a position to witness massive gains in a steep upward move. “And in theory, Bitcoin is right now creating base four of the parabolic trend… This parabola is beautiful, and you see base one, base two, base three. Now that’s base four. It’s possible that we could dip a little lower. Doesn’t really matter, as long as we’re getting an exponential higher low. Well, that would be the creation of base four. It could be this low. Could be, I don’t see why not. This is the creation of base four, which means that our sell point is coming up on the next target.” Source: Kevin Svenson/YouTube Lastly, Svenson predicts Bitcoin will reach a cycle peak of approximately $160,000 in about ten months. “From base three, the price doubles, which is roughly $124,000, meaning that this parabolic trend would look to run up to about $124,000, maybe slightly higher, before breaking the parabolic trend and settling up through the summer before an end of year run at the 80th week in October, and then the bear market begins.” Source: Kevin Svenson/YouTube Bitcoin is trading for $96,569 at time of writing, up 2.2% in the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Analyst Says Bitcoin Parabolic Trend in ‘Strong Health,’ Unveils Timeline for End of BTC Bull Market appeared first on The Daily Hodl .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.