Bitcoin Price Could Hit New High Within 6 Months, Analyst Predicts
• Crypto analyst Kevin Svenson says Bitcoin could reach all-time high in less than 6 months, citing S&P 500's performance • S&P 500 typically reaches new highs first, with Bitcoin following 4-7 months later around halvings • S&P 500 near record high again, so Bitcoin may be 4 months away from its all-time high by Svenson's analysis • Bitcoin currently around 40% below its all-time high of $69,000 • Svenson estimates Bitcoin is likely less than 6 months away from hitting another all-time high