Bitcoin Could Keep Climbing Before a Correction, Says Analyst

Crypto analyst Jason Pizzino thinks Bitcoin might not take a big dip before it keeps going up. He says that in the past, Bitcoin has often done the opposite of what people expect.

Bitcoin’s Six-Month Climb

Pizzino points out that Bitcoin’s climb to a record high earlier this year lasted about six months. He thinks the current upward trend could also last six months, meaning Bitcoin might peak in February.

Potential Price Targets

Pizzino thinks Bitcoin could potentially reach $98,000 by February. He warns that if you buy Bitcoin at a higher price, like $80,000 or $90,000, a correction could be more concerning.

Disclaimer

Remember, this is just one analyst’s opinion. Do your own research before investing in Bitcoin or any other cryptocurrency.