{"id":347066,"date":"2024-07-18T17:38:23","date_gmt":"2024-07-18T12:08:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=347066"},"modified":"2024-07-18T17:38:23","modified_gmt":"2024-07-18T12:08:23","slug":"bitcoin-primed-for-big-blow-off-top-moves-says-analyst-jason-pizzino-heres-the-timeline-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-primed-for-big-blow-off-top-moves-says-analyst-jason-pizzino-heres-the-timeline-crypto-news\/","title":{"rendered":"Bitcoin Primed for \u2018Big Blow-Off Top Moves,\u2019 Says Analyst Jason Pizzino \u2013 Here\u2019s the Timeline &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A popular crypto analyst thinks Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) is setting itself up for \u201cbig blow-off top moves.\u201d<\/p>\n<p>In a new YouTube <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=lYbn7qGh71s\">video<\/a>, Jason Pizzino tells his 331,000 subscribers that he thinks higher volume and higher closes on the daily chart indicate that $53,500 was Bitcoin\u2019s low.<\/p>\n<p>The analyst believes the top crypto asset could \u201cgo parabolic\u201d for the next 4-6 quarters.<\/p>\n<p><em>\u201cThis cycle so far we\u2019ve seen two red quarters, so it could be one more red quarter to come up for Bitcoin, maybe two. Just looking at only these last few data points, and on the other hand, it doesn\u2019t mean that we have to have any more significant red quarters. There could be one, there might not be any others. So after this point breakouts leading into this quarter 4 of 2024 and then into 2025 I think we are on for some big, big moves, dare I say big blow-off top moves.\u201d<\/em><\/p>\n<p>In technical analysis, a blow-off top is a chart pattern showing a sudden rise in price that is followed by a sharp decline.<\/p>\n<p>BTC is trading at $64,600 at time of writing. The top-ranked crypto asset by market cap is down more than 0.5% in the past 24 hours but up more than 12% in the past week.<\/p>\n<p><iframe loading=\"lazy\" title=\"Bitcoin: BLOW OFF TOP (almost) CONFIRMED! (Don\u2019t Screw This UP)\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/lYbn7qGh71s?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 \/>\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\">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 \/>\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>&amp;nbsp<\/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 popular crypto analyst thinks Bitcoin (BTC) is setting itself up for \u201cbig blow-off top moves.\u201d In a new YouTube video, Jason Pizzino tells his 331,000 subscribers that he thinks higher volume and higher closes on the daily chart indicate that $53,500 was Bitcoin\u2019s low. The analyst believes the top crypto asset could \u201cgo parabolic\u201d [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":347071,"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-347066","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\/347066","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=347066"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/347066\/revisions"}],"predecessor-version":[{"id":347074,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/347066\/revisions\/347074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/347071"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=347066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=347066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=347066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}