Crypto Analyst Jason Pizzino Believes Bitcoin Bull Market is Underway
Crypto analyst Jason Pizzino asserts that the Bitcoin (BTC) bull market is already in progress, despite recent price stagnation. According to Pizzino, the bull market cycle began forming around January and is currently unfolding.
Pizzino emphasizes that the beginning of a bull market is not always clear-cut. It becomes evident when retail investors and others start to notice the same trend. To confirm the bull market cycle, Bitcoin needs to surpass the crucial $28,500 level and maintain closes above $26,550.
At present, Bitcoin is trading at $26,642, experiencing a 0.4% increase in the last 24 hours.
Hot Take: Bitcoin’s Bull Market is Gaining Momentum
Crypto analyst Jason Pizzino believes that the Bitcoin bull market has already started and is steadily progressing. While it may not be apparent to everyone yet, Pizzino highlights key levels that need to be crossed for a more convincing confirmation of the bull market cycle. Currently trading above $26,550, Bitcoin still needs to consolidate above the $28,500 mark to solidify its upward trend. With these milestones in mind, Pizzino remains optimistic about Bitcoin’s future performance.
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