Analyst Jason Paisu says – but there is a hunting that it is more upscale, despite destruction and depression.
Current currency analyst and merchant Jason Pmezino are upwards on Bitcoin (BTC) but with warning.
In a new video, pizzino Recount Its 349,000 subscribers on YouTube said that Bitcoin has more bullish capabilities despite the negative emotions resulting from the fall of King Crypto to the lowest level in three months earlier this week.
“It is just a temporary counterattack for the end of the Bitcoin cycle, which still has several months.
So for the non -trained ear, it looks like everything, but this is basically preparing for something in the future and I am looking here for several months somewhere in August, and perhaps September of 2025 …
… I still think we have more BTC’s bullish trend, to the highest new levels because we have not seen any major breakdowns … “
A widespread analyst says that one of the factors that can contribute to the high price of bitcoin is the potential decrease in Tether (USDT) – the maximum USDT market ratio for the rest of the encryption assets. According to Pizzino, the USDT dominance on the threshold of hitting a large resistance level and may prepare to fall.
So positive signs here are the USDT domination that came out to test the levels of the upward trend [around 5.3%]…
… there may be a little larger up here to the USDT domination, which means, of course, you will see the downside of more bitcoin and encryption. But it does not look too far …
… so we are definitely closer to the end of the end, I think the transition to the negative side and things from something new …
… So USDT dominates relatively good here. “
However, Pizzzino warns that the price of Bitcoin and other encryption assets may be affected negatively if the USDT dominance increases at a level of 5.5 %.
“The worst scenario is whether it exceeds the Qatari declining direction that has stopped the USDT dominance over the past few years throughout the road to 2023, so in the past two years. This will be worrying for the bull market if you start finding some support here and rising. This means that people have lost their confidence in Bitcoin and encryption and get profits mainly. They just come out of hell from all Markets and BTC in the first place.
So in the next two days to weeks, you want to see this [USDT dominance] Get at least rejection, the worst condition somewhere about 5.5 %, 5.6 %, and work to back off at a speed of less than 4.75 % as is the case at the present time. This would bring us back to some kind, I do not know, positive and greedy [fear of missing out] Times. “
Bitcoin is trading at $ 87,877 at the time of writing, a 20 % decrease of the heights that were ever reached on January 20.
https://www.youtube.com/watch ?v=4ud93jbxid8
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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