Crypto analyst Kevin Svenson said in a recent YouTube video that Bitcoin’s (BTC) current trend points to a strong bull market, with the potential to climb around 30% from its present level to approxim...

Crypto analyst Kevin Svenson said in a recent YouTube video that Bitcoin’s (BTC) current trend points to a strong bull market, with the potential to climb around 30% from its present level to approximately $140,000 to $150,000 during the next rally.

According to The Daily Hodl, he explained that BTC’s price movement tends to closely track changes in global liquidity as measured by the M2 money supply. Svenson observed that the current M2 trend suggests continued strength into October and November, after which a sharp decline in the liquidity index could signal either a market peak or a pullback.

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