A popular crypto analyst, Jason Pizzino, thinks Bitcoin is about to explode in price. He’s seeing a pattern in the recent market that reminds him of last year’s big surge.
History Repeating Itself?
Pizzino says Bitcoin has been trading sideways for the past few months, just like it did before its massive price jump last year. He believes this period of consolidation will last another six months, and then boom! Bitcoin could triple in price.
Election Hype
Pizzino is also excited about the upcoming US presidential election. He points out that Bitcoin saw a huge breakout in November 2020, right after the election. He thinks a similar thing could happen this year.
Quarter 4 Fireworks
Overall, Pizzino is expecting some serious action in the fourth quarter of this year. He thinks Bitcoin is currently building up energy and will soon break out to new highs.
Disclaimer: This is just one analyst’s opinion. It’s important to do your own research before making any investment decisions. Crypto is risky, and you could lose money.
/p>
