Crypto Analyst Says Bitcoin Could Hit $100,000, An 86% Surge
Portfolio Pulse from Bibhu Pattnaik
Crypto analyst Kevin Svenson predicts that Bitcoin could surge by up to 86%, potentially reaching $100,000. Svenson identifies a bullish divergence pattern and a broadening pattern on the Bitcoin chart, suggesting a potential breakout. He outlines targets at $68,000, $88,000, and $113,000, with a possible breakout in September.
August 10, 2024 | 4:45 pm
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Kevin Svenson predicts Bitcoin could surge by up to 86%, potentially reaching $100,000. He identifies bullish patterns and suggests a breakout could occur in September.
Svenson's analysis of bullish divergence and broadening patterns on the Bitcoin chart suggests a potential significant price increase. If these patterns hold, Bitcoin could see a substantial surge, making this news highly relevant and important for Bitcoin investors.
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