Bitcoin (BTC) Could Surge to a New All-Time High Within the Next Few Months, Crypto Analyst Jason Pizzino Says

In a new video update, crypto strategist Jason Pizzino tells his 330,000 YouTube subscribers he has concluded that the top crypto asset by market cap

Bitcoin (BTC) is slowly grinding its way back up after hitting a low of $56,000 last week. At the time of writing, the leading digital asset trades for $57,433, following a marginal 1.5% gain during the last 24 hours.

However, one crypto analyst remains bullish on BTC and is now predicting that the crypto king will surge to a new all-time high within the next few months.

In a new video update, crypto strategist Jason Pizzino tells his 330,000 YouTube subscribers he has concluded that BTC will likely skyrocket to a new record price to finish off this cycle.

Pizzino previously predicted in March that BTC would remain under its previous all-time high for 4-6 months before breaking out. Now, he says that the four-month threshold is about to be crossed.

“In March, it was very unpopular at the time to suggest that we were going to go for a correction that potentially would last longer than the previous corrections… Most were hoping for at the time when many were looking for $80,000 to $100,000 Bitcoin.

I did some analysis [on a specific March signal] and it came up with the possibility that Bitcoin would be underneath the all-time high for 4-6 months.

We are a day away from the four-month mark now. One day away we’re at 119 days underneath the $74,000 top and somewhere in this period, we’ll start to see Bitcoin break past $64,000 – potentially even break into a new all-time high.”

According to Pizzino, investors can confirm a market bottom for BTC by examining its price action going forward.

“So BTC – the safeway point is still roughly around the mid-60s and that is just looking at the low to the top [and] splitting it in half, and that’s $63,750.

So that’s where you want to see that price get to start to confirm that [the] low is in and basically hold above that level to consolidate before it can get higher and test the $74,000 top.”

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