In a personal account update, Svenson informed his followers that Bitcoin may have reached the fourth dip formation of its parabolic curve model. To support his claim, he shared a chart displaying Bitcoin’s readiness to soar towards the target price of $90,000. With enthusiasm, Svenson declared, “We have now reached the crucial stage where the parabolic pattern becomes evident. I have consistently highlighted this potential throughout the previous year, and now we are witnessing its reality.”
