Bitcoin on the Cusp of a Pullback? Analyst Kevin Svenson Says BTC Could See ‘Ugly Liquidations’ if This Happens

Cryptocurrency analyst and trader Kevin Svenson is warning that Bitcoin (BTC) could undergo a significant correction before revisiting the all-time high. Svenson tells his 71,200 YouTube subscribers in a new video that Bitcoin is in overbought territory on the weekly chart based on the Relative Strength Index (RSI) indicator. The RSI measures the price momentum The post Bitcoin on the Cusp of a Pullback? Analyst Kevin Svenson Says BTC Could See ‘Ugly Liquidations’ if This Happens appeared first on The Daily Hodl .