un analista prevede un massimo di 160.000 dollari

un analista prevede un massimo di 160.000 dollari

Kevin Svensson, a well-known analyst and trader, predicts new all-time highs for Bitcoin this year. In his view, there is an underlying and ongoing trend that is pushing the asset to new heights.

The analyst is predicting all-time highs for Bitcoin

Recently video On YouTube, targeting his 81,000-plus followers, the analyst explained that Bitcoin’s parabolic trend could lead to the asset reaching… Threshold of $124,000 By the middle of the year.

Then, after a possible summer correction, Bitcoin may post a rally A final explosive rally towards the end of 2025.

Analyzing the weekly chart, Svensson noticed several encouraging signs for the cryptocurrency asset, such as a possible hammer candle formation.

“Bitcoin’s parabolic trend, seen on the weekly chart, looks strong. The weekly chart is turning positive again. A hammer candle appears to be forming, which could herald the continuation of the uptrend,” Svensson said.

Despite the recent move away from the uptrend line, Bitcoin is showing remarkable resilience. According to the analyst, even in the event of further corrections, the asset can maintain the fundamental uptrend, while maintaining progressively higher lows.

Bitcoin price chart. Source: Kevin Svensson/YouTube

Svensson stressed that his outlook remains positive and does not see any signs of this trend reversing.

Bitcoin is about $160,000 in ten months

According to Svensson, Bitcoin is currently in the fourth phase of the parabolic cycle, with the potential for a strong rally.

“Theoretically, Bitcoin is building the fourth base of this cycle. We have already seen the first three, and now we are in the fourth. There may be a slight correction, but what matters is that each decline gradually rises. This is a signal of the establishment of the fourth base,” Svensson explained. And our selling point is getting closer to the next target.

Bitcoin price chart. Source: Kevin Svensson/YouTube

Svensson estimates a peak of $160,000 over the next 10 months. The analyst assumes that the most valuable cryptocurrency could continue to rise, reaching $124,000 by the third phase of the cycle, before slowing down. After that, there could be a consolidation phase until the summer, followed by a final rally towards the end of the year, around October, when the bear market is expected to begin.

Bitcoin price chart. Source: Kevin Svensson/YouTube

Bitcoin: expert forecasts

Expectations regarding Bitcoin are different and conflicting. Banking giant Standard Charteredwhich accurately predicted the $100,000 level, predicts a peak of $200,000, driven by interest from institutional investors, while the analyst Geert van Lagen A more bullish forecast, estimating a price target of $300,000, based on Elliott Wave Theory.

But some analysts like Alan Santanafears that if Bitcoin fails to break the $100,000 mark, it may fall to the $40,000 level.

Bitcoin price analysis

Meanwhile, Bitcoin regained momentum and reclaimed the $96,000 threshold. It is currently trading at $96,952, with a slight rise of 0.25% in the past 24 hours.
On the weekly chart, it achieved gains of 1.27%, while on the monthly chart, it recorded a loss of 7.26%.

Bitcoin value chart. Source: CoinMarketCap

Best Wallet: The new Web3 wallet taking the cryptocurrency market by storm

In the cryptocurrency sector, the search for advanced, secure and easy-to-use solutions is increasingly a priority for investors. And in this scenario it appears Best walletan innovative self-custodial Web3 wallet that is rapidly conquering the market thanks to its easy-to-use interface and cutting-edge features, positioning itself as an alternative to wallets known as MetaMask.

Best Code: Advantages and Opportunities for Users

In addition to crypto asset management, the wallet integrates a Direct implementation The debit card will be launched soon: Best card.

Not only that, the new project has launched its own project Best native codecurrently in pre-sale stage. BEST holders will be able to benefit from several benefits, such as a discount on transfer fees within the Best Wallet ecosystem and receive greater rewards through staking.

Furthermore, users can access pre-sales of new cryptocurrencies directly from the app, via the function “Coming Symbols”.

BEST token holders are not simple investors, but become an active part of the community, being able to influence future decisions of the project through their vote in governance decisions.

With Best Wallet, users not only manage their crypto assets, but actively contribute to the growth and development of the expanding Web3 ecosystem.

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