Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-soars-toward-new-heights-analyst-jason-pizzino-projects-milestone-targets" rel="noopener noreferrer nofollow">Bitcoin Soars Toward New Heights: Analyst Jason Pizzino Projects Milestone Targets</a><br></p>
<p style="text-align: justify">In a recent market analysis, renowned <a href="https://en.bitcoinhaber.net/justin-suns-strategic-moves-in-the-crypto-market" rel="noopener noreferrer nofollow">cryptocurrency</a> expert Jason Pizzino provided insights on <a href="https://en.bitcoinhaber.net/bitcoin-adjusts-downward-as-block-reward-halving-draws-near" rel="noopener noreferrer nofollow">Bitcoin</a>‘s (BTC) bullish trends and potential price milestones. Pizzino, who commands a substantial YouTube following for his financial expertise, believes Bitcoin could reach six-figure valuations based on key price points he has identified.</p>
<h2 id="ascending-towards-record-peaks">Ascending Towards Record Peaks</h2>
<p style="text-align: justify">The crypto analyst has pegged several important targets for Bitcoin, starting from $72,500 and reaching up to $78,500. He emphasizes the importance of breaching the historical high of $73,750. Pizzino’s <a href="https://en.bitcoinhaber.net/cryptocurrency-market-fluctuations-bitcoin-and-altcoins-volatility" rel="noopener noreferrer nofollow">technical analysis</a>, which includes the Fibonacci extension tool applied to the weekly price chart, deduces potential future values by analyzing past trends.</p>
<p style="text-align: justify">Pizzino identifies $78,400 as a pivotal level and mentions that $81,000 reflects the full extent of the previous bull market’s range, from the low of $3,000 to the peak at $69,000. He posits that if Bitcoin can establish support beyond $82,000, it could propel to even higher targets, specifically $87,000, $96,000, and an optimistic $113,600.</p>
<h2 id="altcoin-season-on-the-horizon">Altcoin Season on the Horizon?</h2>
<p style="text-align: justify">The analyst underscores Bitcoin’s role in igniting an altcoin bull run, suggesting that a surge past the $78,000 mark could spark a significant altcoin season. This could result in broad market movements extending beyond Bitcoin.</p>
<p style="text-align: justify">Despite a modest 1% increase in the past 24 hours with Bitcoin trading above $70,000, Pizzino maintains a positive outlook for the top cryptocurrency’s growth prospects. The decisive factor, he notes, will be Bitcoin’s capacity to overcome crucial resistance levels that will shape its near and long-term movements. He advises investors to exercise caution and patience, considering the potential for substantial market fluctuations as Bitcoin approaches these critical price junctures.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-soars-toward-new-heights-analyst-jason-pizzino-projects-milestone-targets" rel="noopener noreferrer nofollow">Bitcoin Soars Toward New Heights: Analyst Jason Pizzino Projects Milestone Targets</a></h5>

Bitcoin Soars Toward New Heights: Analyst Jason Pizzino Projects Milestone Targets

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