CandleFocus Here’s How Long Bitcoin Could Take Before Hitting a New All-Time High, According to Analyst Jason Pizzino
2024-12-28
Author: Content Editor
Crypto analyst Jason Pizzino predicts that Bitcoin will rally and reach a new all-time high in the early weeks of the first quarter of 2025. He believes that Bitcoin will stay below the current all-time high of around $108,200 for a longer period of time, potentially not exceeding six months. Pizzino suggests that the longer Bitcoin consolidates below the all-time high, the stronger the subsequent upward move will be. He speculates that factors such as the inauguration of President-elect Donald Trump on January 20th, 2025, could contribute to a breakout and a potential new fresh high in late January or February of that year. Bitcoin is currently trading at $94,528, approximately 13% below its all-time high.
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