Crypto analyst calls for Bitcoin price to blast off
Crypto analyst Jason Pizzino examined historical stock market cycles and predicted that Bitcoin could see significant price increases. In an Oct. 9 YouTube video, crypto analyst Jason Pizzino took a deep dive into historical stock market cycles. He used that data to predict where the price of Bitcoin (BTC) could be headed in a new video posted on October 9, 2023. Pizzino claimed that if you look back over the last 100 years, stock markets tend to follow approximate 20-year cycles. At the end of each cycle, markets historically hit a peak mania period where price s surge dramatically before eventually crashing down. You might also like: Jefferies calls Bitcoin a safeguard against currency inflation He pointed to several examples of these cycle peaks and crashes – the lead-up to the 1929 peak and Great Depression crash, the 1960s bull market peak and 1970s stagflation crash, the 1980s Japanese asset bubble peak and crash, the 2000 dot-com bubble peak and the 2008 f...