Analyst Predicts Bitcoin Could Reach New All-Time High in 2024-2025 If It Holds Key Support Levels

Crypto analyst Jason Pizzino predicts Bitcoin could reach a new all-time high in late 2024 or early 2025.

Pizzino is watching Bitcoin's price action relative to key levels like $27,300 to determine the market cycle bottom.

If Bitcoin can't get above $27,300, Pizzino expects further downside to $26,000 or lower.

Below $26,000, Bitcoin may test $24,900 and the major 50% level at $23,600.

Bitcoin is currently trading around $26,823.