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Analysts predict Bitcoin will big pump by 30%, expected to break 140,000 USD.
[BitPush] According to reports, cryptocurrency analyst and trader Kevin Svenson stated that Bitcoin (BTC) is in a "very strong bull run" and is about to enter a phase of sharp rise, with the "next round of rebound potentially increasing by 30%, reaching 140,000 to 150,000 dollars."
Svenson told his subscribers that Bitcoin could appreciate by about 30% from its current level in the upcoming pump. He made this prediction based on the stepped shape of the parabolic curve, which indicates that Bitcoin is at the peak stage of the rise.
Svenson believes that the increase in global liquidity (M2) may extend the Bitcoin bull run into the fourth quarter.