Cryptocurrency analyst Jason Pizzino believes that the Bitcoin bull cycle is far from over. In a recent statement, he shared his targets for the digital currency, emphasizing its potential for long-term growth. Find out more about his insights in this article.
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Bitcoin analyst and trader Jason Pizzino predicts a significant upward move for Bitcoin (BTC), potentially leading to new all-time highs. Pizzino, who has a substantial YouTube following, believes that the current Bitcoin bull Market is simply taking a breather as it hovers below the $69,000 resistance level.
Using the Fibonacci extension tool, Pizzino projects a potential 100% increase in Bitcoin’s price from its current levels. He sets a price target of $135,000, with other key levels to watch out for, such as $100,000, $115,000, $120,000, and $130,000 to $150,000. These levels are crucial as investors anticipate Bitcoin’s performance in the coming months.
At the time of writing, Bitcoin is trading at $66,988, showing a more than 2.50% increase in the past 24 hours. Pizzino highlights the importance of monitoring Bitcoin’s price movements closely to capitalize on potential rallies and corrections.
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1. Is the Bitcoin bull cycle over?
No, according to analyst Jason Pizzino, the bull cycle is not over.
2. Who is Jason Pizzino?
Jason Pizzino is an analyst who provides insights and targets for Bitcoin and other cryptocurrencies.
3. What are some of Jason Pizzino’s targets for Bitcoin?
Jason Pizzino has set targets for Bitcoin at $70,000 and $120,000 in the future.
4. Should I invest in Bitcoin based on Jason Pizzino’s targets?
It’s important to do your own research and consider your own financial goals before investing in Bitcoin or any other cryptocurrency.
5. How can I stay updated on Jason Pizzino’s analysis?
You can follow Jason Pizzino on social media platforms or subscribe to his newsletter for regular updates on his analysis and targets for Bitcoin.
Win Up To 93% Of Your Trades With The World’s #1 Most Profitable Trading Indicators
Win Up To 93% Of Your Trades With The World’s #1 Most Profitable Trading Indicators
