Ethereum

2024

Bitcoin

April

<p>The post <a href="https://coinpedia.org/news/analyst-jason-pizzino-predicts-altcoins-surpassing-bitcoin-in-2024-amid-anticipation-of-key-events/" rel="noopener noreferrer nofollow">Analyst Jason Pizzino Predicts Altcoins Surpassing Bitcoin in 2024 Amid Anticipation of Key Events</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Renowned crypto analyst Jason Pizzino <a href="https://www.youtube.com/watch?v=tO3n0HvPDMg&amp;t=14s" rel="noopener noreferrer nofollow">has shared insights</a> suggesting that altcoins could take center stage and potentially outshine Bitcoin (BTC) in the coming year. Pizzino points to two major catalysts that could drive significant market movements: the Bitcoin halving and the upcoming US presidential election.</p>
<h2 class="wp-block-heading" id="h-upcoming-bitcoin-halving">Upcoming Bitcoin Halving</h2>
<p>In a recent YouTube video, Pizzino highlights the potential impact of the Bitcoin halving, scheduled for April 18th. He <a href="https://coinpedia.org/news/xrp-price-to-breakout-soon-here-are-the-3-prominent-factors-leading-to-surge/" rel="noopener noreferrer nofollow">suggests that this event</a> could act as a pause button for the ongoing market correction.&nbsp;</p>
<p>However, he places even greater emphasis on the US presidential election as a potential game-changer for the crypto space.</p>
<p>Drawing from historical patterns, Pizzino notes that previous elections have triggered significant market rallies, either a month or two before the event or during the election period itself. He advises investors to stay alert as the crypto markets enter the third quarter of 2024.</p>
<h2 class="wp-block-heading" id="h-short-term-correction-for-bitcoin">Short-Term Correction for Bitcoin</h2>
<p>While Pizzino anticipates a short-term correction for Bitcoin, projecting a dip to around $37,000, he remains optimistic about the overall trajectory. As of now, Bitcoin is trading at <a href="https://markets.coinpedia.org/bitcoin/?_gl=1*1hace08*_ga*NTQzNDc3MzQ4LjE2OTcxODMzODc.*_ga_RE1GG3FGQW*MTcwNTkwNTIwOC44MC4xLjE3MDU5Mjg5MjYuMzIuMC4w" rel="noopener noreferrer nofollow">$38,603</a>, experiencing daily losses of less than 5.91% and a weekly decline of over 9.4%.&nbsp;</p>
<p>Looking ahead, Pizzino foresees both Bitcoin and Ethereum (ETH) gaining momentum in the current year. However, he goes a step further, predicting that altcoins will surpass the top two cryptocurrencies later in the bull market cycle.&nbsp;</p>
<p>As the crypto community eagerly awaits these anticipated events, the coming months promise to be dynamic and potentially transformative for the entire digital asset landscape.</p>

Analyst Jason Pizzino Predicts Altcoins Surpassing Bitcoin in 2024 Amid Anticipation of Key Events

Съдържание

CoinPedia News

Други статии, публикувани на 23.01.2024 г.

Shiba Inu: Will Elon Musk's X Add SHIB in Payment Feature?

TRON (TRX) and Hedera (HBAR) Push Past Major Resistance Point – Pullix (PLX) to Rise on Top With ...

Bitcoin’s safe-haven features could provide ‘solid support’ for spot ETFs, Kaiko says

Will Binance reap the benefits as this memecoin surges 262%?

Three Must Hold Altcoins For 2024; Optimism (OP), Pullix (PLX) and Kaspa (KAS)

Google Introduces ‘Draft Email with Voice’ Feature in Gmail for Android Users

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!