Bitcoin’s recent consolidation below $69,000 is just a temporary pause in its bullish cycle, according to analyst Jason Pizzino. Pizzino predicts that the cryptocurrency will soon break out and reach new all-time highs, with a potential upside target of $135,000. He bases this prediction on the Fibonacci extension tool, projecting a move of about $65,000 from the previous top. Pizzino also highlights other interesting price levels to watch, such as $100,000, $115,000, $120,000, and particularly $130,000 to $150,000. These levels could provide insight into the trajectory of Bitcoin and its potential for further rallies and corrections. At present, Bitcoin is trading at $66,988, with a 24-hour increase of over 2.50%.
Latest
Bitcoin Bull Cycle Not Over by Any Stretch of the Imagination, Says Analyst Jason Pizzino – Here Are His Targets
