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Jason Pizzino, crypto trader & analyst at YouTube / Trading, highlights that Bitcoin is in a 'damage control' phase while SpaceX is launching.
The update touches on BTC, ETH, XRP, and mentions SPCX.
Earlier this month, Pizzino noted that Bitcoin had dropped to $64,000 and questioned the lack of bullish support in the market, according to a recent update. He previously observed that Bitcoin bulls were beginning to pivot as the market neared a potential cycle low, suggesting more capitulation may be required, as reported in an earlier article. These comments follow ongoing market commentary from the crypto analyst.