Bitcoin’s Next Big Jump: Analyst’s Prediction

Crypto analyst Jason Pizzino weighs in on when Bitcoin (BTC) might hit a new all-time high. He’s predicting a wait, but not an overly long one.

A Wait, But Not Too Long

Pizzino, who boasts a large YouTube following, believes Bitcoin will remain below its record high of around $108,200 for a while longer. He doesn’t foresee this lasting more than six months, though he expects it to be longer than the current 13-day stretch below the peak. The longer Bitcoin consolidates below this level, the more powerful the eventual surge is likely to be, according to Pizzino.

Timing the Breakout

Pizzino’s prediction for a Bitcoin breakout? Early 2025. He specifically points to the first quarter of 2025, suggesting a potential low point around January, followed by a climb to a new all-time high possibly in late January or February. He connects this timeframe to the inauguration of a new president (though the article doesn’t specify which president), suggesting that the resulting political excitement could fuel a market upswing.

Current Market Conditions

At the time of writing, Bitcoin is trading around $94,528—approximately 13% below its all-time high.

Disclaimer: This information is for general knowledge only and does not constitute financial advice. Always conduct thorough research before making any investment decisions.
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