‼️ Analvst Determined Bitcoin's Record Refresh Date‼️
Cryptocurrency analyst Jason Pizzino made a prediction on when Bitcoin (BTC) will surpass its all-time high by rising above the $69,000 level.
According to the analyst, it is a fact that Bitcoin hit its peak after the S&P 500 peaked and entered the consolidation phase after entering the bear market. Pizzino states that the S&P 500 may break the record in the next eleven months and push Bitcoin up with it.
Pizzino expects the S&P 500 to make new highs by September 2024. Once this happens, Bitcoin is likely to target the $70,000 level once again.
However, it does indicate that Bitcoin remains below its all-time high and we have approximately 11 months until the end of consolidation.
Bitcoin broke its last record on November 10, 2021, with an average price of 68 thousand 789 dollars. However, at the time of writing this article, it is trading at 34 thousand 712 dollars, with a decrease of 49.57 percent. The total market value of crypto money is at 678 billion dollars💸
Do your own research before investing. Keep safe.