Crypto Cycle's End in Sight: Bitcoin, Ethereum, Sui Targets Revealed

Coin WorldSaturday, Feb 8, 2025 7:51 am ET

1min read

The crypto market may be nearing the end of its current cycle, according to analyst and trader Jason Pizzino. In a recent video, Pizzino shared his targets for Bitcoin (BTC), Ethereum (ETH), and Sui (SUI) with his 348,000 YouTube subscribers.

Pizzino believes that most of the gains in the current cycle have already been realized. He noted that Bitcoin has gained over 6x since its November 2022 low and is unlikely to reach another 500% increase from its current level of $98,912. He expects Bitcoin's upside potential to be more conservative moving forward.

For Ethereum, Pizzino predicts a more modest increase of between 187% to 258% from its current level of $2,790, given that it remains below the $4,000 resistance level. He does not anticipate Ethereum reaching prices as high as $12,000, $15,000, or $20,000, and expects it to reach the high single digits between $8,000 and $10,000 in "lucky" conditions.

Pizzino sees potential in Sui, the native token of the layer-1 blockchain SUI. He believes Sui could rally by over 190% from its current level of $2.95, potentially reaching $10 or even $12, which would represent a 5x increase from its current lows.

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