A closely followed crypto strategist and trader is revealing his price targets for Bitcoin (BTC<\/a>) and two altcoin projects.<\/p>\n In a new strategy session, analyst Jason Pizzino tells<\/a> his 329,000 YouTube subscribers that based on the average true range (ATR) indicator Bitcoin could soon break through key price target resistance levels.<\/p>\n The ATR indicator measures volatility by showing an asset\u2019s trading range over a specified period.<\/p>\n \u201cYou can see the dying off here of the average true range of the bar. Previous cycles, look what happened. Average true range picks up, dies off, dies off, dies off, and then you start to get a higher low form and by that stage, you\u2019re really a decent way from the stealth zone.\u201d<\/em><\/p>\n According to the analyst, Bitcoin has historically made \u201cstealth moves\u201d to the upside when the ATR indicator reaches a local low and price continues to consolidate or puts in higher lows.<\/p>\n The analyst\u2019s key price targets to the upside include $63,300 on the daily chart, $65,200 on the weekly chart and $72,000 on the monthly chart.<\/p>\n Bitcoin is trading for $60,176 at time of writing, down nearly 3% in the last 24 hours.<\/p>\n Next up, the analyst believes that Ethereum (ETH<\/a>) competitor Solana (SOL<\/a>) will move toward its current cycle top.<\/p>\n \u201cWith the higher lows and now trying to push higher above the 50% at $137. Next target on the weekly chart is $165. And then we go towards $190, $210. So $190 is above these tops. Then $210 is the current top for Solana. So it\u2019s on its way. It hasn\u2019t got those longer-term time frames confirmed yet, and those longer terms are the weeklies.\u201d<\/em><\/p>\n Solana is trading for $141 at time of writing, down more than 8% in the last 24 hours.<\/p>\n![\"\"](\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2024\/07\/jason2.jpg\")
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