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Jason Pizzino: Bitcoin bulls beginning to pivot as cycle low approaches
Jason Pizzino, crypto trader & analyst at YouTube / Trading, observes that some Bitcoin bulls are adjusting their stance, with many now suggesting that a recovery is only a few months away.
He adds that while the market may be moving closer to a cycle low, a bottom has not yet materialized. Pizzino emphasizes that further capitulation among persistent bullish investors may be needed before the next cycle begins.
Earlier this year, Pizzino observed that smart money investors were selling Bitcoin as part of the asset’s recurring four-year cycle, as detailed in his previous analysis. He also highlighted a rare period of nine consecutive green weeks in crypto markets, historically seen as a precursor to potential reversals, in a separate report. These observations reflect Pizzino's ongoing focus on market cycles and historical patterns in crypto trading.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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