Analyst and investor Jason Pizzino operating in the crypto currency market, said the final stages of the current cycle. Pizzino states that after the serious increase in the market in the previous periods, the future returns may be limited.
Expectations on Bitcoin
Pizzino, Bitcoin $96,228.6He noted that after the low levels in November 2022, it increased by more than 500 %and the next rise may not be within expectations. He argued that the price of Bitcoin would not be possible to significantly exit from 100 thousand dollars.
Jason Pizzino: “It seems that most of the big gains have already happened. Bitcoin’s 500 %increased. After that, I do not expect a rise in similar proportions. “
Ethereum and Sui Evaluations
Ethereum $2,620.5 For, the pizzino said that an increase of approximately 187 %to 258 %under the current conditions of the market would be possible. He made statements that long -term protection of the resistance level could prevent major increases.
Jason Pizzino: “If Ethereum’s resistance remains at the level of $ 4,000, I don’t expect to see 12,000, 15,000 or $ 20,000. We may have to settle for high single -digit numbers. ”
In addition, the Layer-1 block chain SUİ’nin local token water is expected to increase the potential increase. Pizzino said he could increase over 190 %of the current level of SUI.
Jason Pizzino: “Sui is on the previous peaks. Even if it is a decline, there is a potential for recovery. It is possible that it will go beyond certain levels. ”
Bitcoin is traded around $ 98,912, Ethereum $ 2,790 and water around 2.95 dollars. These price levels are supported by the analyst’s predictions and are closely monitored by market actors.
Although opinions contain uncertainties in terms of the dynamics of the market, the analyst’s statements can be carefully evaluated by investors. Investors may consider the current situation, future expectations and trading strategies in the light of these assessments.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.