Mr. M Podcast | Maurizio Pedrazzoli Grazioli
The Bitcoin Target No One Wants to Hear: Jason Pizzino
- Jason Pizzino projects a **worst-case scenario bottom between $31K and $43K** using Fibonacci retracements and historical cycle analysis, with critical breakdown risk below $31K signaling no new all-time high next cycle.
- Price targets to the top ($122K–$132K in November 2024) proved accurate; similar methodologies now applied to identify cycle lows and assess upside potential.
- Major altcoins (Ethereum, Solana, XRP) showed weakness this cycle—marginal all-time highs followed by closures below prior highs, indicating weak buyer conviction and poor smart money support.
- Bitcoin underperforming equities and precious metals; Bitcoin vs. S&P, Nasdaq, and gold trading at new lows or multi-cycle weakness, suggesting institutional capital rotating away from crypto.
- Volume and sentiment divergence indicate accumulation phase is incomplete; bulls need to see baseline volume on rallies and positive sentiment reversal before next bull market confirms.
- Five consecutive red monthly candles (first time in Bitcoin history) combined with tightening average true range suggest low interest and potential for prolonged base-building over years, not immediate recovery.