Bitcoin Going to $15k - TA Expert Says Crash Is Just Getting Started | Jason Pizzino

On Bitcoin

Guest Jason Pizzino · not counted as Altcoin Daily's view.

Views

• Next months (next 2–6 months): Sideways: The for the summer, I suspect it's going to get quieter. ▶ 10:03
• This cycle (next 6–18 months): Leans down: I think we'll go lower by October. If every if this time's not different, then the bottom of the bare market will be somewhere around October, maybe a 70% draw down from all-time highs. ▶ 25:54

If this, then that

• If If the bullish arguments hold, price should hold support and close back above the key turning point levels around 75k, 74k and 69k, getting above them by around March, then no target given (next weeks, by by probably March): So key levels you can see are around 75 grand. We saw 74 at the peaks. 69 was the prior all-time high. It's beneath all of these levels. ▶ 24:08
• If If Bitcoin breaks down below the 30k level, a low between 15k and 30k follows, then a relief rally, then 15–30k (this cycle): breakdown of the 30k level. You can see all these highs here around 30k 31. If that happens, look, you're going to see a low somewhere between 15 and 30k ▶ 18:13

Levels named

• 75k: Resistance (key turning point level; price must get back above it): So key levels you can see are around 75 grand. We saw 74 at the peaks. 69 was the prior all-time high. It's beneath all of these levels. ▶ 24:08
• 69k: Resistance (prior all-time high, a key turning point level): So key levels you can see are around 75 grand. We saw 74 at the peaks. 69 was the prior all-time high. It's beneath all of these levels. ▶ 24:08
• 30–50k: Target (possible eventual low as sentiment gets used to the pricing): whether that means the low is between 30 and 50K eventually if this falls. ▶ 15:55
• 30k: Support (prior highs around 30k; a breakdown is the worst case bulls do not want to see): breakdown of the 30k level. You can see all these highs here around 30k 31. If that happens, look, you're going to see a low somewhere between 15 and 30k ▶ 18:13
• 15–30k: Target (worst-case low if the 30k level breaks, tied to the 18-year cycle): breakdown of the 30k level. You can see all these highs here around 30k 31. If that happens, look, you're going to see a low somewhere between 15 and 30k ▶ 18:13

Their own position: Not said.