Here’s What Could Trigger a Bitcoin Bull Run

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.

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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.

Alexander Stefanov