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The Daily Hodl 2024-12-27 01:00:11

Crypto Bull Market Much Closer To End Than We Realize, Warns Analyst Jason Pizzino

Crypto Bull Market Much Closer To End Than We Realize, Warns Analyst Jason Pizzino

A closely followed analyst says the crypto bull market’s end is much closer than most traders realize. In a new thread on the social media platform X, Jason Pizzino tells his 123,400 followers that investor sentiment indicates traders now are closer to the end of the bull market than the start. “Bitcoin and crypto ‘end-stage’ emotional volatility has dramatically increased which only suggests we are much closer to the end than the beginning of the cycle. That might seem like an obvious statement now, but wait until the market gets closer to the final top; it won’t be so obvious which is generally a signal within itself.” In an accompanying video update, Pizzino says historically, when the market gets excited and overconfident, stagnation tends to follow. “I think a lot of people believe this cycle should run until the end of 2025, but what if we’re seeing a lot of that excitement come back into the market? Every time it goes up, all I see is just everyone getting super bullish and then it pauses for a bit, corrects, and then we start on the next move. So I’m just keeping an open mind.” Source: Jason Pizzino/X The trader’s chart uses Bitcoin ( BTC ) as an example. According to Pizzino, the top crypto asset by market cap may correct or trade sideways all the way until October 2025. “Looking somewhere [between] Q2 out to Q3, just the beginning of Q4… Most people can’t handle six to 10 months. They talked about a drop of one month and they all freaked out yesterday, it’s absolutely bonkers out there, which is why I think we are in those final moves, basically the end of the cycle.” BTC is trading at $98,900 at time of writing, a marginal increase on the day. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Bull Market Much Closer To End Than We Realize, Warns Analyst Jason Pizzino appeared first on The Daily Hodl .

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