As the digital asset bull market continues to unfurl like an overly ambitious dream, a crypto analyst confidently suggests that things could indeed get “a little crazier.” Imagine the world spinning faster, just not on a happy merry-go-round, but rather one fueled by the excitement of digital coins.
In a recent YouTube proclamation, Jason Pizzino, with a whopping 353,000 subscribers, claims there’s a “nice psychological level” for the crypto market cap to hit at the $4 trillion mark. Well, Jason, if you say so…
The market cap (currently lounging at a modest $3.646 trillion as of writing) has just nudged down by a measly 1.39% in the last 24 hours. Barely a hiccup, but who’s counting, right?
Apparently, Pizzino has been glued to his charts, predicting the market’s rise based on a rather intricate-looking range. This chart magic was brewed up between late 2022 and the February 2024 high, spiced up with the added flair of an August 2024 low. Oh, and if it works well, it must be the Holy Grail of crypto analysis, right? Not that we’re skeptical, of course.
“It’s been working very, very well throughout the market,” Pizzino adds with a grin. “This is part of the analysis that we use to project price targets, support, resistance, and probably where to buy a yacht as well.” So, let’s look ahead, shall we? According to Jason, we’re eyeing $3.8 trillion. A resistance level. Almost within grasp. But wait, there’s more…
Further up the rabbit hole, we look toward the $5.3 trillion mark. You know, the place where only the brave dare tread. But let’s keep the list going: $3.8 trillion, $4 trillion (yes, that’s the psychological level), $4.7 trillion, $5 trillion, and then, the big one, $5.3 trillion. Just another day in crypto, right?
Meanwhile, Bitcoin (BTC) is hanging out at a cool $118,828. But don’t get too comfortable – it hit a new all-time high of $122,838 early Monday morning. Don’t worry though, it’ll probably keep rising like your aunt’s stories about how she walked 10 miles to school in the snow. Back in my day, it was a little more dramatic.
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2025-07-15 15:01