Aussie Analyst Says Recurring Bitcoin Pattern Signals Potential Price Explosion
- The crypto world has surged with optimism following Donald Trump’s election, driven by hopes for improved regulatory clarity and innovation.
- Aussie analyst Jason Pizzino highlighted broader macroeconomic trends, noting that major indices like the S&P 500 are hitting all-time highs.
- Pizzino noted that Bitcoin has entered an accumulation phase, which has both followed and preceded historic all-time highs, potentially signalling further bullish momentum in the coming weeks.
- He believes that Solana, which has lagged behind Bitcoin since November, may be poised to reach US $300 if it can break through its resistance level at US $260.
The crypto market has exploded on the back of Donald Trump’s election as the…
