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Cryptocurrency analyst Kevin Svenson predicts Bitcoin could surge up to 78%, potentially reaching $190,000 this cycle. His median target sits at $142,500, with a stock market rally acting as a key catalyst. The peak may arrive by late October, aligning with historical post-halving trends.
- Bitcoin's price could surge to $190,000 (78% gain) or more likely $142,500 (33% gain) this cycle.
- A breakout in the S&P 500 may act as a catalyst for Bitcoin's upward momentum.
- The cycle peak is projected around October–November 2024, following historical post-halving patterns.
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