| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Bitcoin (BTC) has recently faced challenges breaking the $60,000 threshold despite lower-than-expected inflation figures.
- Kevin Svenson, a well-known crypto analyst, provides insights on market trends and the potential timeline for Bitcoin reaching new all-time highs.
- “I believe we have probably found the lowest level. We may see a sideways recovery before eventually hitting a new all-time high,” Svenson noted.
Discover expert analysis on Bitcoin’s potential trajectory and the key indicators to watch for future movements. Stay informed with actionable insights from top crypto analysts.
Analyzing Bitcoin’s Market Movement
In a recent review, Svenson emphasized that Bitcoin price fluctuations remain a concern, indicating the potential for further downturns. Despite BTC plummeting to $53,563 – the lowest in five months – he concurs with many experts that the market might have reached its bottom. This aligns with his view that while recovery could take several months, the long-term momentum is bullish.
Forecasting Bitcoin’s Future
Svenson highlighted a bullish divergence using the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators. These are significant as they suggest potential upward movements even as market sentiment remains low. He believes that historically, such oversold conditions on the RSI tend not to last, often leading to breakouts.
Strategic Insights for Investors
Svenson’s analysis offers several takeaways for crypto investors. Firstly, monitoring RSI and MACD for bullish divergences can provide a clue to upcoming market trends. Additionally, considering long-term positions might be prudent given the signs of a market bottoming out. However, investors should brace for short-term volatility as the recovery might extend over several months.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Conclusion
While Bitcoin’s recent price attempts to surpass $60,000 have been unsuccessful, the long-term outlook remains positive according to analyst Kevin Svenson. Investors are recommended to stay vigilant on key indicators and prepare for a potentially prolonged but eventual rebound.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
