Bitcoin Price Prediction by Analyst Jason Pizzino
A widely followed crypto analyst, Jason Pizzino, recently shared his bullish outlook on Bitcoin (BTC) during the current bull market in a new video update.
He informed his 348,000 YouTube subscribers that he expects Bitcoin to hit $136,000 by the beginning of next year.
Pizzino believes that a right-translated cycle is now guaranteed for Bitcoin, indicating that prices will peak later rather than sooner. He stated:
> “A little more hopium for the price targets themselves – we are in the right side of the cycle; the right translated cycle is guaranteed now so the top could be in.”
He contrasted the current situation with the fears 12 months ago of a left-translated cycle, suggesting that the outlook is now more positive.
Pizzino emphasized that while reaching $136,000 is a target, the journey will include smaller price fluctuations and potential resistance levels along the way. He indicated a significant resistance zone around $120,000, noting its psychological importance.
At the time of the update, Bitcoin was trading at $95,805, reflecting a slight decrease for the day.
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