Analyst Cautions Late Bitcoin Investors May Not See Huge Gains
Cryptocurrency expert Jason Pizzino is cautioning that those investing in Bitcoin (BTC) late in the current bull run may face disappointment.
Pizzino warned that latecomers might be hoping for another explosive surge in Bitcoin’s price , but this may not be realistic.
He explained that volatility typically peaks toward the end of a market cycle when new investors rush in to capitalize on gains they missed earlier. Bitcoin has already surged more than 500% since its lows in November 2022, and many are now hoping for another similar rally.
However, Pizzino believes that future returns may be much smaller compared to the rapid gains seen over the past two years. While he acknowledged that he could be wrong, he suggested that the returns from here on may not match the previous explosive growth.
READ MORE:
Crypto Expert Who Predicted the Latest Correction Sees Opportunity to BuyPizzino also warned that Bitcoin could experience a major correction if higher support levels continue to face resistance. He advised watching for signs of a weak top, which could lead to a significant pullback.
If that happens, he suggested that the market might consolidate before making another move higher, but only if the market has enough momentum to sustain further growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s Short-Term Volatility May Signal Opportunities Amid Market Noise, Analysts Suggest
SOL breaks through $190