{"id":145918,"date":"2025-01-02T18:00:40","date_gmt":"2025-01-02T16:00:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145918"},"modified":"2025-01-02T16:45:58","modified_gmt":"2025-01-02T14:45:58","slug":"analyst-warns-of-extended-bitcoin-correction-as-key-levels-break","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-warns-of-extended-bitcoin-correction-as-key-levels-break\/","title":{"rendered":"Analyst Warns of Extended Bitcoin Correction as Key Levels Break"},"content":{"rendered":"<p>Pizzino <strong><a href=\"https:\/\/youtu.be\/HPhy_TtSKRw\" target=\"_blank\" rel=\"nofollow\">stated<\/a> <\/strong>that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>is unlikely to reclaim its all-time high of approximately $108,200 anytime soon.<\/p>\n<p>Highlighting key price levels, Pizzino identified $91,750 as a critical support point for BTC. Should this level fail, he believes the cryptocurrency could slide into the mid to low $80,000 range, potentially reaching $83,500 or even $82,000 within the next couple of weeks.<\/p>\n<p>Pizzino also cautioned that a dip below $85,000 could signal a more significant correction. He warned that if Bitcoin closes below $73,000 or $74,000\u2014levels associated with previous tops\u2014it could indicate a weakening market, though not necessarily a catastrophic collapse.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solana-sol-kicks-off-2025-with-double-digit-gains\/\" title=\"Solana (SOL) Kicks Off 2025 with Double-Digit Gains\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/02\/solanaaa2132131-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana (SOL) Kicks Off 2025 with Double-Digit Gains<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Reflecting on Bitcoin\u2019s recent performance, Pizzino noted that the cryptocurrency has now spent 14 consecutive days below its peak, the longest such stretch in this bull cycle.<\/p>\n<p>He attributes the extended recovery time to the extreme optimism that fueled the rally to $108,200. However, he remains optimistic about the market\u2019s ability to \u201creset,\u201d suggesting that the current downturn may pave the way for more sustainable growth in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency analyst Jason Pizzino has expressed a bearish outlook for Bitcoin (BTC), predicting further declines in the near term.<\/p>\n","protected":false},"author":9,"featured_media":106913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-145918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Warns of Extended Bitcoin Correction as Key Levels Break - CryptoDnes EN<\/title>\n<meta name=\"description\" content=\"Cryptocurrency analyst Jason Pizzino has expressed a bearish outlook for Bitcoin (BTC), predicting further declines in the near term.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/analyst-warns-of-extended-bitcoin-correction-as-key-levels-break\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Warns of Extended Bitcoin Correction as Key Levels Break - 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