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Analyst Kevin Svenson highlights a bullish signal for Bitcoin as the RSI indicator breaks out of a downtrend. Svenson predicts a potential rally lasting into Q3 2024, with Bitcoin poised for significant upside.
- Bitcoin's weekly RSI breakout signals a historically strong bullish trend, often leading to major price surges.
- Analyst Kevin Svenson predicts the rally could extend into Q3 2024, with potential gains over the next few months.
- Short-term resistance may cause choppy trading between $91,000 and $96,000 before a decisive upward move.
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