Will Bitcoin’s Price Surge Signify a New Market Trend?

Cryptocurrency expert Kevin Svenson suggests Bitcoin’s price may be poised for a significant shift, potentially ushering in a new bullish trend. Analysis of the weekly Relative Strength Index (RSI) reveals a critical breakout that could signal an end to the prolonged bear market in the cryptocurrency sector. This development is particularly noteworthy for Bitcoin as it points towards potential market momentum and upside.