Jason Pizzino, a renowned analyst, believes that Bitcoin and Ethereum bears are about to get rekt. The trader shared how the $10,000 target for BTC is completely off.
The crypto trading veteran Jason Pizzino shared in his video that a major bearish trap is gaining pace for Bitcoin and crypto. The U.S. Dollar has slowly entered into a downtrend against the major world currencies. This may also show a pump in Bitcoin price and altcoins because people will want to exchange their fiats for crypto.
If we get a little bit higher to this next swing top at $23,000, and of course my Wyckoff flip at $23,200, and then the monthly swing top at $25,200 (so that is going to be the big one that the bears are going to have to watch)… those are broken, $10,000 you could probably say is completely off, forget about it… This is not looking too good for those $10,000 Bitcoin bears.
Source: Jason Pizzino
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