{"id":176852,"date":"2023-10-19T02:43:37","date_gmt":"2023-10-18T21:13:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=176852"},"modified":"2023-10-19T02:43:37","modified_gmt":"2023-10-18T21:13:37","slug":"dont-count-on-bitcoin-collapse-to-previous-lows-says-crypto-analyst-jason-pizzino-heres-why-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dont-count-on-bitcoin-collapse-to-previous-lows-says-crypto-analyst-jason-pizzino-heres-why-crypto-news\/","title":{"rendered":"Don\u2019t Count on Bitcoin Collapse to Previous Lows, Says Crypto Analyst Jason Pizzino \u2013 Here\u2019s Why &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A widely followed crypto analyst says the odds are looking good that Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) will not revisit its prior cycle lows.<\/p>\n<p>In a new strategy session, crypto trader Jason Pizzino <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=sJli3TxMAUU\">tells<\/a> his 290,000 YouTube subscribers that based on Bitcoin\u2019s four-year cycle history, the king crypto will likely hold its key support levels and head into a new bull market.<\/p>\n<p>He also says that the current strength of the S&amp;P 500\u00a0 is showing similarities to past BTC cycles, and predicts the SPX will soon hit new all-time highs within months.<\/p>\n<p>The four-year cycle is based on Bitcoin\u2019s halving event when rewards issued to BTC miners are cut in half every four years.<\/p>\n<p><em>\u201cThe main thing is it is almost guaranteed that $15,500 is not going to break. And potentially we won\u2019t see closes under the March low either, which is at $19,500, something that I\u2019ve talked about for a long time on the channel now. <\/em><\/p>\n<p><em>So you can basically call it roughly seven months when that low came in. It looked relatively strong, and it has looked very strong for the S&amp;P 500 in the traditional markets, which is something else that we look at for our four-year cycle. <\/em><\/p>\n<p><em>Within the four-year cycle, the main thing I want to bring up here is the S&amp;P typically breaks to a new all-time high before Bitcoin breaks to a new all-time high. And we\u2019ve seen that in the previous accumulation years.\u201d<\/em><\/p>\n<figure id=\"attachment_263120\" aria-describedby=\"caption-attachment-263120\" style=\"width: 2832px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-263120\" class=\"wp-caption-text\">Source: Jason Pizzino\/YouTube<\/figcaption><\/figure>\n<p>The trader says the S&amp;P 500 will likely hit a new all-time high in early 2024 and possibly another one by about January 2025.<\/p>\n<p><em>\u201cI think we\u2019ll at least see one new all-time high, maybe a pullback, and then the next one, possibly on the verge of the next Bitcoin bull market as well.<\/em><\/p>\n<p><em> So that\u2019s going to be another key signal for the markets as we continue to watch what happens in the stock markets, as the bull market continues on for the stock market as well.\u201d<\/em><\/p>\n<figure id=\"attachment_263123\" aria-describedby=\"caption-attachment-263123\" style=\"width: 2829px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-263123 size-full\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2023\/10\/Screen-Shot-2023-10-18-at-12.37.34-PM.jpg\" alt=\"\" width=\"2829\" height=\"1513\" \/><figcaption id=\"caption-attachment-263123\" class=\"wp-caption-text\">Source: Jason Pizzino\/YouTube<\/figcaption><\/figure>\n<p>Bitcoin is trading for $28,310 at time of writing.<\/p>\n<p><iframe loading=\"lazy\" title=\"Bitcoin 4-Year Cycle: Countdown to The End of Crypto\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/sJli3TxMAUU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<div>\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<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<p><span style=\"color: #ffffff\">I <\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto analyst says the odds are looking good that Bitcoin (BTC) will not revisit its prior cycle lows. In a new strategy session, crypto trader Jason Pizzino tells his 290,000 YouTube subscribers that based on Bitcoin\u2019s four-year cycle history, the king crypto will likely hold its key support levels and head into [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":100380,"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-176852","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\/176852","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=176852"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176852\/revisions"}],"predecessor-version":[{"id":176854,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176852\/revisions\/176854"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/100380"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=176852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=176852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=176852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}