Jason Pizzino, a seasoned macro investor and swing trader, has recently put forward his analysis indicating a potential pullback for Bitcoin.
His observations, informed by a deep understanding of market dynamics, suggest that Bitcoin’s prolonged rally could soon give way to further correction.
Altcoins Set To Shine As Bitcoin Undergoes Correction
Pizzino’s analysis is grounded in a comprehensive review of various market indicators. The analyst has been closely monitoring the altcoin sector, noting an accumulation of upside potential which could lead to impactful market movements, especially with the upcoming Bitcoin halving in view.
This anticipation of a shift in market sentiment is further supported by his examination of the US Dollar Index Futures chart, which shows a downward trend and recent significant drops in a single trading day.
Pizzino interprets these movements as indicators of further downside, influenced by the general macroeconomic conditions.
While Bitcoin braces fo
We współpracy z: https://www.newsbtc.com/all/altcoin-season-incoming-analyst-forecasts-further-bitcoin/
