S&P 500 Near All-Time High Could Signal Bitcoin Will Hit New Peak Within Months
• The S&P 500 has previously served as a leading indicator for Bitcoin ahead of reaching new all-time highs
• Analyst Kevin Svenson forecasts Bitcoin is less than 6 months away from reaching a new all-time high
• Bitcoin currently trades 40% below its all-time high while the S&P 500 nears its own
• Historically, the S&P 500 hits an all-time high around 7 months before Bitcoin
• Svenson cites the last two Bitcoin halvings as evidence for his forecast about a new all-time high