In a recent update on his personal X account, Svenson informed his followers that Bitcoin may have reached the conclusion of its fourth dip formation within the parabolic curve model. To support his claim, he shared a chart displaying Bitcoin’s readiness to ascend towards the target price of $90,000 within this formation. Svenson confidently stated, “We have now reached the point where the parabola becomes evident. I have persistently highlighted this possibility throughout the previous year, and now it has materialized. This is a tangible reality.”
