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BTC ATH Coming in Q4? Crypto Analyst Shares Bitcoin Roadmap for 2024

Published 02/05/2024, 08:29 PM
Updated 02/05/2024, 08:45 PM
© Reuters BTC ATH Coming in Q4? Crypto Analyst Shares Bitcoin Roadmap for 2024
BTC/USD
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  • Crypto analyst Kevin Svenson has highlighted his 2024 price forecast for Bitcoin.
  • Svenson divided BTC’s trend into pump into halving, dump into Q2, pump into Q3, and ATH before EOY.
  • The analyst estimated the next Bitcoin halving to happen on April 15, 2024.

Renowned crypto analyst Kevin Svenson has highlighted his 2024 price forecast for Bitcoin. Svenson posted a pictorial analysis of his expectations for the flagship cryptocurrency on X (formerly Twitter), reflecting the various phases of transition he expects in BTC’s price evolution.

Svenson divided his BTC price forecast into four phases: the pump into halving, the dump into Q2, the pump into Q3, and the all-time high (ATH) before the end of the year (EOY). The analyst also identified two essential concepts to note during the price transition. According to him, crypto traders must realize that markets take time and note that “volatility …

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