In the midst of a bull market cycle, Bitcoin is drawing attention from analyst Jason Pizzino, who shared insights on potential price targets. With a focus on fundamental levels, Pizzino discussed how Bitcoin could reach six-figure values in his recent analysis. Using technical analysis tools like Fibonacci extensions, he highlighted critical levels like $72,500, $78,500, and $81,000, emphasizing the importance of surpassing the previous all-time high of $73,750.

The $78,400 mark was noted as significant, with $82,000 potentially unlocking further targets like $87,000, $96,000, and even $113,600. Pizzino also pointed out the impact of Bitcoin's consolidation above key levels on altcoins, suggesting that a move towards $78,000 could trigger an altcoin season and broader market movements beyond Bitcoin.

While Bitcoin saw a marginal increase in the past 24 hours, trading around $70,000, Pizzino remains optimistic about its growth potential. Breaking through crucial resistance levels will determine Bitcoin's short and medium-term trajectory, with caution advised due to potential high volatility at key price points.