CandleFocus Latecomers to Bitcoin Bull Market Could Be Disappointed, According to Jason Pizzino – Here’s Why
2025-01-08
Author: Content Editor
Cryptocurrency analyst and trader Jason Pizzino warns that late investors in Bitcoin's current bull market may be disappointed. He explains that volatility tends to occur at the ends of cycles when investors try to take advantage of missed gains. Pizzino believes that latecomers may be hoping for another round of massive gains, but the returns may be less than what the market has seen over the last two years. He also warns that Bitcoin may experience a significant correction if higher support levels continue to act as resistance. Pizzino suggests that Bitcoin may correct to around $87,000 before potentially consolidating and breaking out into six figures again. At the time of writing, Bitcoin is trading at $96,845, down 5.2% in the last 24 hours.
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