| 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) analyst Kevin Svenson has made optimistic predictions based on historical data.
- According to Svenson, Bitcoin is on the verge of breaking out of a horizontal range.
- He suggests that Bitcoin, which has been in an upward trend since early 2023, could see an increase of 72% to 83% from its current level in the next growth phase.
Discover why Bitcoin’s current trend may lead to unprecedented highs, based on historical patterns and expert insights.
Bitcoin’s Potential Breakout: Historical Data Insights
According to financial analyst Kevin Svenson, Bitcoin is poised for a significant upward movement. Svenson’s analysis, rooted in historical data, indicates that Bitcoin might soon exit its current horizontal range. He highlights that Bitcoin has been on a consistent upward trajectory since early 2023, and if this pattern holds, the cryptocurrency could appreciate by 72% to 83% from its present value.
Detailed Look at Bitcoin’s Recent Upward Movements
Svenson elaborated that Bitcoin witnessed an initial upward move of approximately 50% from January to May 2023. Following this, between September and December 2023, Bitcoin’s momentum carried it 57% higher. Most recently, from January to March 2024, the cryptocurrency saw yet another surge of 60%. If these trends continue, Svenson projects that Bitcoin could rise to $110,000 with a 50% increase, and up to $117,000 with a 60% rise.
Correlation with Stock Market Stability
Svenson pointed out that Bitcoin’s ongoing bullish momentum is likely to persist, provided the stock market remains stable. He emphasized that a stable stock market environment would be crucial for sustaining Bitcoin’s growth trajectory. Currently, Bitcoin is trading at $66,725.
| 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
In summary, Kevin Svenson’s analysis based on historical data suggests a bullish future for Bitcoin, with potential price targets ranging from $110,000 to $117,000 contingent on continued market stability. Investors might look at this as an opportunity to capitalize on Bitcoin’s ongoing growth pattern, but should also remain mindful of external market conditions that could influence its trajectory.
| 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 → |
