Bitcoin Eyes New All-Time High: Trader Predicts $115,000 Target

Trader Kevin Svenson predicts Bitcoin could reach an unprecedented high as the cryptocurrency continues to surge. According to Svenson’s analysis, recent developments, particularly a breakout in the four-hour chart, have established a new target zone for Bitcoin at $115,000. This prediction comes after Bitcoin has broken through its previous highs since April and shows no major changes over the past 24 hours. 💰 📈 Svenson also notes that Bitcoin’s performance is influenced by traditional financial markets, including the S&P 500 index. He suggests a strong S&P 500 could further propel Bitcoin’s price growth.