{"id":340452,"date":"2024-07-09T12:50:01","date_gmt":"2024-07-09T07:20:01","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=340452"},"modified":"2024-07-09T12:50:01","modified_gmt":"2024-07-09T07:20:01","slug":"trader-jason-pizzino-predicts-bitcoin-fireworks-says-btc-could-mirror-2023-price-action-heres-his-timeline-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/trader-jason-pizzino-predicts-bitcoin-fireworks-says-btc-could-mirror-2023-price-action-heres-his-timeline-crypto-news\/","title":{"rendered":"Trader Jason Pizzino Predicts Bitcoin Fireworks, Says BTC Could Mirror 2023 Price Action \u2013 Here\u2019s His Timeline &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A widely followed crypto strategist believes that Bitcoin\u2019s (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) consolidation in the past few months looks similar to a price pattern that foreshadowed last year\u2019s parabolic surge.<\/p>\n<p>In a new strategy session, analyst Jason Pizzino tells his 330,00 YouTube subscribers that Bitcoin\u2019s consolidation since March is reminiscent of its price action last year when BTC witnessed mostly sideways price action for six months before igniting a 3X ascent.<\/p>\n<p><em>\u201cThis is looking pretty similar to the previous move in 2023. You\u2019ve got about six months in this range before it absolutely pumped out of that zone.\u201d<\/em><\/p>\n<figure id=\"attachment_294800\" aria-describedby=\"caption-attachment-294800\" style=\"width: 974px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-294800\" class=\"wp-caption-text\">Source: Jason Pizzino\/YouTube<\/figcaption><\/figure>\n<p>Pizzino also says that the upcoming US presidential election is making him bullish on BTC. According to the analyst, Bitcoin witnessed a big breakout in November 2020 \u2013 the month when Americans voted to install Joe Biden as their president.<\/p>\n<p><em>\u201cI\u2019m also wary of the election coming up, so I don\u2019t know how this is going to respond at that election time whether it\u2019s going to need another month or so to get above [its all-time high] due to the election happening in November and then we see the breakout like we saw in 2020.\u00a0<\/em><\/p>\n<p><em>You got the October move, breaking out of the tops. But then in November after the election, that\u2019s when it started to test the old all-time high.<\/em><\/p>\n<p><em>So either way, I think we\u2019re going to see some fireworks in quarter four. But quarter three is this period now where it\u2019s recuperating and getting time to break to this new fresh price\u2026<\/em><\/p>\n<p><em>Similar sort of pattern to last time \u2013 maybe we get another big pump out. It\u2019s happened before.\u201d<\/em><\/p>\n<figure id=\"attachment_294802\" aria-describedby=\"caption-attachment-294802\" style=\"width: 974px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-294802 size-full\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2024\/07\/JPBTC2.png\" alt=\"\" width=\"974\" height=\"598\" \/><figcaption id=\"caption-attachment-294802\" class=\"wp-caption-text\">Source: Jason Pizzino\/YouTube<\/figcaption><\/figure>\n<p>At time of writing, Bitcoin is trading for $56,985, up nearly 2% on the day.<\/p>\n<p><iframe loading=\"lazy\" title=\"BITCOIN CRASH: This is the BIGGEST THREAT to Crypto Now (Watch ASAP)\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/YiPUT0j_3lc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>\u00a0<\/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 \/><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 \/><em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/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 \/><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>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" 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 losses 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 widely followed crypto strategist believes that Bitcoin\u2019s (BTC) consolidation in the past few months looks similar to a price pattern that foreshadowed last year\u2019s parabolic surge. In a new strategy session, analyst Jason Pizzino tells his 330,00 YouTube subscribers that Bitcoin\u2019s consolidation since March is reminiscent of its price action last year when BTC [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":340454,"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-340452","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\/340452","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=340452"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/340452\/revisions"}],"predecessor-version":[{"id":340456,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/340452\/revisions\/340456"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/340454"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=340452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=340452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=340452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}