Crypto analyst Jason Pizzino believes that Bitcoin could break out of its current consolidation phase within a few weeks. Pizzino points to historical patterns, noting that previous parabolic rallies started around 20 to 21 months after cycle lows, when there was a monthly close above previous resistance levels. If Bitcoin's monthly close in September is above $66,000-$67,000, it could signal the beginning of a new move. Additionally, Pizzino explains that there is typically a second "final" move that confirms the breakout and signals a parabolic rally is coming. Bitcoin is currently trading at $57,001, up 3% in the last 24 hours.



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