Gareth Soloway, chief market strategist of InTheMoneyStocks.com had called for Bitcoin to retest the previous cycle’s all-time high, $20,000.
Speaking with David Lin, anchor for Kitco News, Soloway updates his price targets for Bitcoin, gold, and stocks.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Gareth Soloway on Twitter: @GarethSoloway (https://twitter.com/GarethSoloway)
0:00 – $20k Bitcoin
9:15 – Crypto winter
11:50 – Long-term Bitcoin thesis
15:10 – What’s next for Bitcoin?
17:20 – Luna/UST
21:40 – Trading psyche
23:25 – Most important trading lessons
24:42 – Stock markets
28:57 – Gold
#Bitcoin #stocks #gold
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40 Comments
Good
Listening to Gareth talk about the Btcoin investors he has saved … its fair to say "Gareth Soloway is the Oskar Schindler of Crypto"..
Gareth is the man ! ! !
Gold is real and will never be worthless or even close to being worthless.
12:58 Why did he connect those specific highs and didn't include the very high highs in the middle?
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Gareth Soloway "The GOAT"
Yes and 5K is not impossible either !!! But long term I'm saying 4M 10 years time.
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Great work Gareth. And excellent advise. I was a technical trader in the 80's on the floor of the NYFE. Now we see Elon Musk pumping bit coin, Jack Dorsey, giving it away looks like mucho desperation, and by the richest men in the world. Will their strategy work? Maybe they can stop the decline at $20,000. But Musk made more money in bitcoin last year than he made in car sales!!!!!! He is worried. Sell Tesla?
Great interview…. very very informative
Gareth is my hero!!
This guy is really in tune with the market and it’s direction
Why would he like and say Bitcoin is going to be down for the rest of the year. Smh some technical analysis. Clearly you can see Bitcoin will be at it's ath but the end of the year smh
Great content as usual, you’re really looking after the candle mafia, you make a lot of informative content but I do not understand anything. Been into btc since 2018 and you were one of the first youtubbers I've been watching. My mind exploded when btc reached 69k. I actually thought that was impossible.
☝️☝️ are so fantastic thanks to them for the $13,000 send into my PayPal account
☝️☝️ are so fantastic thanks to them for the $13,000 send into my PayPal account
A broken clock is wrong 1,438 times a day
fed coin comming bc of crypto "crisis" then they can spy,er, monitor for your "safety"
He was right overall but his timing wasn't great (btc went back up to 69k when he was calling for 20k the previous dip), which threw people off. Anyway, here we are.
The best in the business here. Best duo
common denominator for 07 08 crash and this one? demo in charge
This is very good. Thank you for this.
Looks like Saylor is going to be speaking with Miss Margin soon!
When there were few retail investors, relatively speaking, were there still sufficient price gyrations for day traders to make good money? I worry that this opportunity will disappear after this market crash.
Gareth is a total weasel. Stole his whole thesis too.
Gareth is a top fav, thank you!!! By the way, I help day traders with stress regulation skills to develop their emotional stop loss and quickly get back into their trading flow.
Gareth is always my favorite guest. Great interview as always!
This Kitco interviewer in particular is just getting better and better, best questions he could've asked.
I knew he was right but was hoping he was wrong
Great interview, but I have never and will never want the feds to "step in".. literally never.. I would like to see a study about retails desire for fed intervention in the crypto space. I'm certain it's sub 10%.
Gareth is THE MAN.
So with a bullish outlook for gold, would you leverage up with the miners? Or are they going to get hammered with the rest of the stock market?
Makes no sense. A non-physical item is worth money like gold? Is a paper dollar worth more than the paper it’s made of?… no.
only last month there were 100s of comments slating Gareth after one of these videos. nice to see all those goons completely silent now. I hope theyve been wiped out for not listening to him
Bitcoin's next halving is projected to be in March 2024.
Short of regulation allowing institutional & sovereign adoption, can we expect bitcoin's price to languish until then?
all crypto is e scam and joke
MWEB 🕷 👤 going ‘live’ next week for Litecoin. Segwit implementation in Litecoin in 2017 kicked off the Bitcoin 2017 bull run.
Could it happen yet again.. 🚀
Good questions the interviewer asked! They made the interview interesting and useful.
I love this analysis. Just the facts
I thought Bitcoin was supposed to be a gold alternate inflation hedge?? But gold and Bitcoin are dropping and Bitcoin is mirroring the NAS