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Home»Bitcoin»‘Big Move to the Upside’ Likely Coming for Bitcoin As Several Indicators Flash Green: Jason Pizzino
Bitcoin

‘Big Move to the Upside’ Likely Coming for Bitcoin As Several Indicators Flash Green: Jason Pizzino

April 29, 2025No Comments2 Mins Read
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Bitcoin is showing signs of bullish momentum, according to a popular crypto analyst. Jason Pizzino, with a substantial following on YouTube, believes that Bitcoin is on the verge of a significant upward move after breaking into the mid-$90,000 range.

Pizzino points out that Bitcoin has broken March’s monthly high, which has negated previous bearish signals and suggests a potential for further gains. This break in the pattern from previous months indicates a shift in market sentiment and could result in a substantial price increase for Bitcoin.

Additionally, Pizzino highlights the weakness of the US dollar as measured by the US Dollar Index (DXY) as a positive indicator for Bitcoin. A declining DXY typically correlates with a strengthening Bitcoin price, and historical data supports this trend. With the US dollar hitting a 37-month low, Pizzino sees this as a further opportunity for Bitcoin to trend higher.

Another factor that Pizzino points to is the decline in Tether (USDT) dominance, indicating a shift in market dynamics. While USDT dominance is still above 50%, the breakdown of key levels suggests a potential for Bitcoin to rise further in value.

As of the time of writing, Bitcoin is trading at $95,252, reflecting a 2.5% increase in the last 24 hours. With multiple bullish indicators aligning, Pizzino’s analysis suggests that Bitcoin could be poised for a significant price surge in the near future.

For more updates on Bitcoin and other cryptocurrencies, follow us on X, Facebook, and Telegram. Stay informed with email alerts delivered directly to your inbox and keep track of price action with The Daily Hodl Mix.

Image Source: Midjourney

See also  Arizona and Oregon embrace Bitcoin in sweeping new laws

In conclusion, Bitcoin’s price is showing signs of bullish momentum, with multiple indicators pointing towards a potential increase in value. As market dynamics shift and key levels are broken, investors may see Bitcoin as a favorable investment opportunity in the coming days.

big Bitcoin Coming Flash Green Indicators Jason Move Pizzino upside
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