Analyst Predicts Bitcoin To Soar By 83%, But There's One Major Catch: 'We're Going To Get That Continuation As Long As ...'
Analyst Predicts Bitcoin To Soar By 83%, But There's One Major Catch: 'We're Going To Get That Continuation As Long As ...'
Cryptocurrency analyst Kevin Svenson has predicted a potential 83% surge for Bitcoin (CRYPTO: BTC) but noted that this is contingent upon the stability of the stock market.
数字货币分析师凯文·斯文森预测比特币（加密货币：BTC）可能会出现83%的潜在涨幅，但他指出，这要取决于股票市场的稳定性。
Svenson suggested that the digital currency is on the verge of a significant increase.
斯文森认为数字货币即将迎来重要上涨。
In a video on YouTube posted this week, he asserted that Bitcoin is within a bullish structure that began in early 2023 and could potentially rise by 72% to 83% from its current standing.
他在这周发布的YouTube视频中表示，比特币已进入看好结构，该结构始于2023年初，当前价格可能会上涨72%至83%。
"Bitcoin is sitting in another sideways range after the impulse up. Our first impulse up move [from January to May of 2023] was roughly 50%. After the next breakout zone, the next impulse up [from September to December of 2023], the next price was 57% to the next local top. From the next breakout [from January to March of 2024], the next top zone was 60%," Svenson said.
“比特币又一次处于横盘行情之中。我们的第一波上涨（从2023年1月至5月）约为50%。在下一个突破区间之后，下一波上涨（从2023年9月至12月）的价格上涨了57%到下一个本地高点。从下一个突破（从2024年1月至3月）之后，下一波高点区间为60%，”斯文森说。
Also Read: Anthony Scaramucci Says Crypto Will Soar If This Presidential Candidate Wins The Election: 'I Think We'll See All-Time Highs For Bitcoin And Other Assets'
此外还需要一位前高盛高管 Anthony Scaramucci 的预测，他表示，如果某位总统候选人赢得选举，加密货币将会飙升，比特币和其他资产将会见历史新高。
He further added, "If we get continuation, the next impulse up, if it's going to be anything like those numbers that I just said, the next impulse up 50% will land us at $110,000. And if you go to 60%, that's $117,000."
他补充道：“如果我们获得延续，下一波上涨，如果它的涨幅有那样的数字，下一波上涨50%将使我们的价格达到11万美元。如果你上涨幅度为60%，那将是11.7万美元。”
However, Svenson warned that Bitcoin's upward trajectory is reliant on the stability of the stock market.
不过，斯文森警告说，比特币的上升轨迹取决于股票市场的稳定性。
"I think we're going to get that continuation if you ask me as long as the stock market remains somewhat stable," he said.
“我认为只要股票市场保持相对稳定，我们将获得这种延续。”他说。
Svenson's forecast is significant as it highlights the potential for a substantial increase in Bitcoin's value. However, it also underscores the interdependence between cryptocurrency and traditional financial markets.
斯文森的预测非常重要，因为它凸显了比特币价值大幅增长的潜力。然而，它也强调了加密货币和传统金融市场之间的相互依存关系。
The caveat Svenson provided, that Bitcoin's growth is dependent on the stability of the stock market, points to the interconnected nature of these financial systems.
斯文森提供的警告，即比特币的增长取决于股票市场的稳定性，指向了这些金融体系之间相互关联的本质。
This connection could potentially influence the decisions of investors who are considering entering the cryptocurrency market.
这种联系可能会对考虑进入加密货币市场的投资者的决策产生影响。
At the time of reporting, Bitcoin was trading at $66,683.22, up by 14 percent in the last seven days.
在报告时，比特币的交易价格为66,683.22美元，过去七天上涨了14%。
Now Read: Bitcoin To Hit $1 Million In Next 10 To 18 Months, Says Crypto Analyst: 'We're Still So Early In The Bitcoin Story'
现在阅读：加密货币分析师称比特币未来10到18个月将涨至100万美元：“我们仍处于比特币故事的早期阶段”
Photo: Shutterstock
Photo: shutterstock