{"id":75875,"date":"2025-02-08T13:37:11","date_gmt":"2025-02-08T13:37:11","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/crypto-market-in-final-stage-of-the-cycle-warns-analyst-here-are-his-targets-for-bitcoin-ethereum-and-sui\/"},"modified":"2025-02-08T13:37:11","modified_gmt":"2025-02-08T13:37:11","slug":"crypto-market-in-final-stage-of-the-cycle-warns-analyst-here-are-his-targets-for-bitcoin-ethereum-and-sui","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=75875","title":{"rendered":"Crypto Market in Final Stage of the Cycle, Warns Analyst \u2013 Here Are His Targets for Bitcoin, Ethereum and Sui"},"content":{"rendered":"


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Analyst and trader Jason Pizzino is saying that the crypto market is possibly at the tail end of the cycle.<\/p>\n

In a new video, Pizzino tells<\/a> his 348,000 YouTube subscribers that for the current cycle, most of the gains \u201chave been had already.\u201d<\/p>\n

According to the widely followed crypto analyst, the upside potential for Bitcoin (BTC<\/a>) going forward is limited after recording gains of over 6x from the November 2022 low.<\/p>\n

\u201cSeems like most of the gains already in\u2026 Bitcoin is up 500% [since November of 2022]. I think it\u2019s unlikely that Bitcoin would do another 500% from $100,000. That would take you to $500,000 or $600,000. So I\u2019m not looking for any of those targets. I\u2019m definitely now moving things to be a lot more conservative.\u201d<\/em><\/p>\n

Bitcoin is trading at $98,912 at time of writing.<\/p>\n

Turning to Ethereum (ETH<\/a>), Pizzino says that the second-largest crypto asset by market cap is only likely to go up by between 187% to 258% from the current level in \u201clucky\u201d conditions.<\/p>\n

\u201cAs long as it remains under here [$4,000 resistance level] for much much longer, I don\u2019t think it\u2019s going to get anything crazy. I don\u2019t think we\u2019re going to see any sort of like $12,000, $15,000, $20,000 ETH. I think that\u2019s pretty much off the cards. <\/em><\/p>\n

I think we\u2019ll be lucky if we get into the high single digits here between sort of $8,000 and $10,000.\u201d<\/em><\/p>\n

Ethereum is trading at $2,790 at time of writing.<\/p>\n

Next up is the native token of the layer-1 blockchain Sui (SUI<\/a>). According to the crypto analyst and trader, Sui still has some \u201creasonable potential\u201d and could rally by over 190% from the current level.<\/p>\n

\u201cSui is one that seems to be shaping up relatively strong. It could go further down but it\u2019s still above all the previous tops here at $2.20\u2026<\/em><\/p>\n

Maybe we do hit $10 and that takes us out to a 5x from these lows here at $2.4\u2026 over $10, you know, $12, maybe hit your 5x.\u201d<\/em><\/p>\n

Sui is trading at $2.95 at time of writing.<\/p>\n