Crypto analyst Jason Pizzino believes Bitcoin’s recent surge resembles its 2019 pattern.
Parallels to 2019
In 2019, Bitcoin soared 400% before consolidating for six months. Pizzino suggests that the current rally from $25,000 to $74,000 may follow a similar trajectory.
Key Price Ranges
Pizzino is monitoring key price ranges to predict Bitcoin’s next move. If Bitcoin rejects around $67,000-$69,000, he expects a pullback to $50,000-$70,000.
Current Market
As of writing, Bitcoin trades at $63,200, down 3% in the past 24 hours.
