{"id":137863,"date":"2023-09-02T04:54:11","date_gmt":"2023-09-01T23:24:11","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=137863"},"modified":"2023-09-02T04:54:11","modified_gmt":"2023-09-01T23:24:11","slug":"crypto-analyst-forecasts-big-bitcoin-btc-move-to-40000-heres-his-timeline-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-analyst-forecasts-big-bitcoin-btc-move-to-40000-heres-his-timeline-crypto-news\/","title":{"rendered":"Crypto Analyst Forecasts Big Bitcoin (BTC) Move to $40,000 \u2013 Here\u2019s His Timeline &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Widely followed analyst Jason Pizzino is bullish on Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) as the flagship crypto asset trades in a narrow range for days.<\/p>\n<p>In a new video, Pizzino <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=WvSctuSez7U\">tells<\/a> his 289,000 YouTube subscribers that Bitcoin could climb by over 40% from the current level between now and September of 2024.<\/p>\n<p>The crypto analyst says that his upside target of $42,000 is the range midpoint or the 50% level between Bitcoin\u2019s all-time high of $69,000 and BTC\u2019s 2022 low of around $15,500.<\/p>\n<p><i>\u201cIt\u2019s possible that we see a test of $42,000 happen within the period between now and September of 2024. So in basically 12,13 months, a test of the 50% level, $42,200, and then a retreat.\u201d<\/i><\/p>\n<figure id=\"attachment_256250\" aria-describedby=\"caption-attachment-256250\" style=\"width: 957px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-256250\" class=\"wp-caption-text\">Source: Jason Pizzino\/YouTube<\/figcaption><\/figure>\n<p>Bitcoin is trading at $29,366 at time of writing, up by 0.7% over the past seven days.<\/p>\n<p>After appreciating to over $40,000, Bitcoin could thereafter correct either mildly or substantially, according to Pizzino.<\/p>\n<p><i>\u201cIt could be a small retreat like back here [June to August of 2016] where it tested $700 and came back to $500.<\/i><\/p>\n<p><i>Or it could be a deep retreat where it tested all the way up to $14,000 [in June of 2019] when the 50% [level] was only $11,500 and then it came all the way back to $4,000 [in March of 2020].\u201d<\/i><\/p>\n<p><iframe loading=\"lazy\" title=\"Bitcoin to $161k!! This is Exactly What Happened to Crypto Last Cycle | MAJOR FAIL Coming\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/WvSctuSez7U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"color: #ffffff\">I<\/span><\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>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 loses 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.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Widely followed analyst Jason Pizzino is bullish on Bitcoin (BTC) as the flagship crypto asset trades in a narrow range for days. In a new video, Pizzino tells his 289,000 YouTube subscribers that Bitcoin could climb by over 40% from the current level between now and September of 2024. The crypto analyst says that his [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":137864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-137863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=137863"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137863\/revisions"}],"predecessor-version":[{"id":148279,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137863\/revisions\/148279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/137864"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=137863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=137863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=137863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}