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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Analyst: Bitcoin is about to enter a strong bull run, the next rebound may rise to 150,000 USD.
CoinVoice has recently learned, according to Daily Hodl, that crypto assets analyst and trader Kevin Svenson states that Bitcoin (BTC) is in a "very strong bull run" and is about to enter a phase of sharp rise, with the "next round of rebound possibly rising 30%, reaching between 140,000 and 150,000 dollars.".
Svenson stated on his YouTube channel to his 83,700 subscribers that Bitcoin may appreciate by about 30% from its current level in the upcoming pump. He made this prediction based on the stepped shape of a parabolic curve, which indicates that Bitcoin is at the peak stage of a bull run.
Svenson believes that the increase in global liquidity (M2) may extend the Bitcoin bull run into the fourth quarter.