According to Crypto analyst Jason Pizzino, Bitcoin could explode to $180,000. This is what you need.

Cryptocurrency analyst and trader Jason Pizzino believes Bitcoin (BTC) could rise by about 55% from its current level.

In a new strategy session, Pizzino will tell 355,000 YouTube subscribers that the USDT Stablecoin ratio should be below the main support level compared to other crypto assets (USDT advantage).

“…My theory is that you need to get a 3.7% breakdown to see any kind of real Altcoin season, and it’s possible that Bitcoin pumps actually range from $150,000 to $180,000.

(USDT domination) remains in the region at around 3.7%, which I think is calling it 4.8%, but I probably won’t see any extreme numbers of those. ”

Source: Jason Pizzino/YouTube

The USDT dominance is 4.35% at the time of writing.

According to Pizzino, Bitcoin could maintain its bullish outlook if it could surpass the $110,000 price.

“I don’t want to see this market consolidated under $106,000. I think it looks really, really weak and long term… so the worst-case scenario, $99,000 under $106,000 will be the slow moving target for the next climb.

So if August continues to do weakness, we look at each of these price targets as a way to measure the strength of our next move. $111,000 to $110,000 – Strong. Under that, average. Underneath it is weak. Under about $99,000… I don’t want to go there yet. ”