In a recent forecast, cryptocurrency analyst Kevin Svenson suggests that Bitcoin BTC/USD could reach new all-time highs before the upcoming halving. However, he also warns of potential downside risks following the event.

What Happened: Svenson told his nearly 73,000 YouTube subscribers that Bitcoin’s current upward trajectory could lead to new all-time highs before the halving event expected to happen in April.

“Anybody that wants to buy Bitcoin is probably going to buy Bitcoin before the halving, which is going to send the prices even higher, possibly to a new all-time high.”

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At the…

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