## Bitcoin Price Surge: Analyst Predicts $150,000 Target Cryptocurrency analyst Kevin Svenson predicts a significant Bitcoin (BTC) price surge in the coming months. In a recent YouTube broadcast, Svenson highlighted the formation of a parabolic trend, suggesting a high probability of a continued upward rally. ## S&P 500 and Bitcoin Correlation Svenson noted a historical correlation between the S&P 500 index hitting new highs and subsequent upward trends in Bitcoin's price. With the S&P 500 recently reaching a record high, the analyst believes BTC is poised to follow suit. ## Structural Upward Flow This isn't just a short-term rebound, according to Svenson. He suggests this rally marks the beginning of a structural upward flow that could sustain for several months. Based on technical analysis, he anticipates Bitcoin potentially reaching the $140,000 to $150,000 range in the near future. Investors are watching closely to see if this prediction holds true. ```

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