Crypto analyst speaks: “If this happens, BTC will see the top!”
According to crypto analyst Jason Pizzino, Bitcoin (BTC) needs to surpass a critical level in order to make ATH.
Cryptocurrency analyst and investor Jason Pizzino underlines a very important resistance level that Bitcoin ($BTC ) needs to overcome in order to start a rally. In the latest video he uploaded to his YouTube channel, Pizzino stated that if Bitcoin gains about 6 percent from its current level, it could light the fuse of a bigger rise.
Jason Pizzino, who has 333 thousand subscribers on YouTube, underlined the key levels in BTC in his latest video. Famous analyst Pizzino said: “If we start seeing closes above $ 58,000 in the short term, a bounce may come to test $ 61,500.
Consolidation above this level is essential for Bitcoin to see the next stage of the bull. If this rule is met, we can see new peaks.”
“Even if #BTC falls to $40,000, there is no problem”
Stating that Bitcoin continues to trade above $52,000, Pizzino stated that he does not see any problems at the moment. Stating that even the possibility of a pullback to $40,000 will not pose a danger, the analyst sees BTC's course quite positively. Pizzino also draws attention to the lowest level of August ($49,000), and believes that this level is a solid support.