Crypto analyst Jason Pizzino has shared his latest outlook on Bitcoin’s (BTC) future in the ongoing bull market.
Key Price Targets
Pizzino is monitoring Bitcoin’s progress towards several key price targets:
- $72,500
- $74,000 (all-time high)
- $78,500
- $81,000
Altcoin Season Trigger
Pizzino believes that if Bitcoin breaks above $78,000 and consolidates above $82,000, it could trigger a surge in altcoins. This is because a failure to break above $78,400 could indicate a potential pullback, which could lead to a correction in the altcoin market.
Current Bitcoin Price
At the time of writing, Bitcoin is trading at $69,369, down slightly over the past 24 hours.
Analyst’s Outlook
Pizzino’s analysis suggests that Bitcoin has the potential to reach six-figure values in the coming months. However, he cautions that the market is still subject to volatility and investors should do their own research before making any investment decisions.
