Crypto analyst Kevin Svenson believes two key factors could drive Bitcoin (BTC) toward new highs.
In a recent update, Svenson explained that both the stock market’s performance and the increase in global liquidity are setting the stage for a potential Bitcoin rally.
He highlighted the S&P 500’s unexpected rebound, now nearing its all-time high, as a sign of broader market recovery.
Additionally, with global money supply on the rise and expectations of interest rate cuts, Svenson sees favorable conditions for Bitcoin’s growth.
Svenson also pointed out that Bitcoin’s current price movement aligns with previous cycles, suggesting that the cryptocurrency is on track to reach new all-time highs.
Despite market volatility, he remains optimistic about Bitcoin’s trajectory.
Ethereum (ETH) has just triggered a golden cross against Bitcoin (BTC)—a technical pattern that has historically preceded massive altcoin rallies.
Veteran trader Peter Brandt has reignited discussion around Bitcoin’s long-term parabolic trajectory by sharing an updated version of what he now calls the “Bitcoin Banana.”
Bitcoin is once again mirroring global liquidity trends—and that could have major implications in the days ahead.
The crypto market is showing signs of cautious optimism. While prices remain elevated, sentiment indicators and trading activity suggest investors are stepping back to reassess risks rather than diving in further.