{"id":181786,"date":"2023-10-27T01:57:10","date_gmt":"2023-10-26T20:27:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=181786"},"modified":"2023-10-27T01:57:10","modified_gmt":"2023-10-26T20:27:10","slug":"one-bitcoin-indicator-strongly-suggesting-btc-not-going-back-to-significantly-lower-prices-jason-pizzino-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/one-bitcoin-indicator-strongly-suggesting-btc-not-going-back-to-significantly-lower-prices-jason-pizzino-crypto-news\/","title":{"rendered":"One Bitcoin Indicator Strongly Suggesting BTC Not Going Back To Significantly Lower Prices: Jason Pizzino &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A popular crypto analyst thinks one metric indicates Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) is likely to continue upward rather than reversing course.<\/p>\n<p>In a new YouTube <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=1EiYvc4NRi8\">video<\/a>, Jason Pizzino tells his 291,000 YouTube subscribers to pay attention to the market-value-to-realized-value (MVRV) Z-score, which pulls out the extremes in the data between market value and realized value to attempt to identify long-term trend reversals.<\/p>\n<p>Says Pizzino,<\/p>\n<p><em>\u201cOnce this indicator jumps into the positive, you can see here it\u2019s 0.13, again, it\u2019s very unlikely that the market is going to fall back into that accumulation zone, and it seems like we\u2019re on the way up, stair-stepping into the next re-accumulation zones.<\/em><\/p>\n<p><em>Things are going to get very, very difficult for those who are still sitting on the sidelines, listening to the fear porn, hoping and waiting for bigger downside targets, telling them that the world will have a collapse and the stock markets are signaling more downside corrections and they\u2019re hoping and waiting for that. <\/em><\/p>\n<p><em>That is a fool\u2019s game to play, and unfortunately, it\u2019s called the dumb money, and I hope you\u2019re not part of that dumb money.<\/em>\u201d<\/p>\n<figure id=\"attachment_263950\" aria-describedby=\"caption-attachment-263950\" style=\"width: 1740px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-263950\" class=\"wp-caption-text\">Source: Jason Pizzino\/ YouTube<\/figcaption><\/figure>\n<p>BTC is trading at $34,734 at time of writing. Pizzino thinks Bitcoin could next target the $42,000 level.<\/p>\n<p><iframe loading=\"lazy\" title=\"Historic Bitcoin Chart is WARNING Investors What Comes Next in Crypto | MVRV\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/1EiYvc4NRi8?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>A popular crypto analyst thinks one metric indicates Bitcoin (BTC) is likely to continue upward rather than reversing course. In a new YouTube video, Jason Pizzino tells his 291,000 YouTube subscribers to pay attention to the market-value-to-realized-value (MVRV) Z-score, which pulls out the extremes in the data between market value and realized value to attempt [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":181787,"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-181786","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\/181786","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=181786"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181786\/revisions"}],"predecessor-version":[{"id":181789,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181786\/revisions\/181789"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/181787"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=181786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=181786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=181786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}