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Gareth Soloway has a shocking view that goes against the common consensus – he believes Bitcoin is heading to $10,000. 😳 Gareth Soloway is the Chief Market Strategist at In The Money Stocks. He rose to prominence after he made some contrarian calls that paid off big. For example, he was one of the only technical analysts that flipped bearish on Bitcoin at its all-time high in 2021.
In his latest interview, he broke down why despite all the good news flow for Bitcoin on the horizon, there’s one threat looming above its head. Gareth noted that bitcoin has three major positives going for it:1. Bitcoin has become increasingly widely accepted. It’s transcended scrutiny by the SEC and regulators.
The same cannot be said about other cryptocurrencies. 2. Spot Bitcoin ETF’s are inevitable within the next 12 months. Although we probably don’t see the first accepted for ~6 months, it’s not a matter of IF but WHEN. 3. The Bitcoin halving. The Bitcoin supply being cut by 50% is undoubtedly bullish for its price. The Bitcoin halving is scheduled for April 16, 2024.
However, despite all this Gareth argues the one threat for Bitcoin is a risk-off scenario in the stock-market. If we were to see a continuation of the banking crisis with more bank failures, or higher than expected inflation numbers, this could cause a sizeable drop in the stock market.
As Bitcoin and the stock market have traded in tandem for the past ~3 years, a sharp drop in equities could have a bleed-on effect into Bitcoin. It’s this scenario in which Gareth see’s us heading back to the lows. Make sure to stick around to the end of the video where Gareth lays out his entire bitcoin thesis.
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#Crypto #Bitcoin #Cryptocurrency
“Bitcoin Will CRASH To $10,000, Here’s Why” | Gareth Soloway New Crypto Prediction
48 Comments
🧠My Daily FREE On-Chain Analysis & Crypto News In 5-Mins: https://www.cryptonutshell.com/subscribe
Excellent content. I used the last dip to stock up, buying ADAR200X now its cheap, cant miss the presale.
Can ADAR200X be staked on Ledger?
Bro, i bought ADAR200X in September after your video. im up 79%.
Binance CEO talk about ADAR200X and hinted let it list on binance, cant imagine the price at 2023!.
ADAR200X has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.
Imagine missing the Amazon ADAR200X on-going presale, HODL STRONG the public sale about to explode
I’ve heard Amazon is killing it with ADAR200X
ADAR200X, ETH, and more would be great.
biggest market explosion ever is ADAR200X
Thank you for the update ADAR200X is done right, and waiting is part of the process,
ADAR200X simply life changing.. absolutely huge.. bigger than huge.. possibly huge(r) than huge.. big
MY wife will kill me if if i dont buy ADAR200X Bagged
This may be the last time you can get ADAR200X before it takes off 4,000%
Thank you for your research. I find your videos are well done. Will ADAR200X hit 1000? Not sure but I hope so.
Amazon’s Record breaking coin ADAR200X with actual use case! Great team and coolest community
WOW This may be the last time you can get ADAR200X before it takes off 5,000%.
I already converted all my ETH to ADAR200X, now I feel like moving all my BTC to ADA as well.
its okay, the market has been very tough recently and you did your best. im starting to think about selling all of my coins for tether ans ADAR200Xnow too
May God bless amazon. the ADAR200X is the game changer
I’m buying ADAR200X on sale, waiting for BTC to maybe drop again before I add more. Hope to take some Eth profits by Sept proof of stake
Well see about that. I dont mind to see the crash. I just hope Ill have a lot of USDT to buy more ADAR200X live presale.
Why is ADAR200X doing so well? That is concerning to me.
Today ADAR200X is less than $1. Time for everybody to wake up and get with the winning team.
I knew that ADAR200X was ahead of the game, but my mind is officially blown
Well see about that. I dont mind to see the crash. I just hope Ill have a lot of USDT to buy more ADAR200X live presale.
You can call ADAR200X bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but ADAR200X breaks everything
I’ve heard Amazon is killing it with ADAR200X
its okay, the market has been very tough recently and you did your best. im starting to think about selling all of my coins for tether ans ADAR200Xnow too
ADAR200X is my safety asset along with tether so im really glad to hear all this!! thank you very much
its okay, the market has been very tough recently and you did your best. im starting to think about selling all of my coins for tether ans ADAR200Xnow too
Hell yes $ ADAR200X. Going to have a huge Q4
Fantastic. Ready for more
It has been awesome, really crypto is very frustrating… It was astonishing how imade $80,000 with $20,000 as a novice.. I got to put in some $$$ in it though
GUYSSSSSSSSSSS the Bybit official swap is bugged, when you swap BTC-ETH you are getting 10x
I did a vid
Who is this guy and why does everyone listen to him? What's his track record?
Mrs Maureen the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy
Thanks bud for keepin us financially Educated Regardless of how bad it gets on the economy I still make over $13,000 every single week… ❤❤
Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
This is addictive!
Even with the bad economic, My life has totally changed since I started with $3,000 and now I make $68,700 every 14days for the past 3 months, I can afford any car or house of my choice right now and I don’t need to worry about bank crash or my retirement ….,God bless Mrs Eleanor Nelson
Hit 200k today. Big thank you for all the knowledge and nuggets you had thrown my way over the last months. I started with 14k in June 2022.
Thank you Jesus, $32,000 weekly profits Our
Lord Jesus have lifted up my Life.
how the f can you ever think bitcoin will go to 10.000 dollar if u know how many money flows in the market… i hate those fud seekers with bs like this.
I've been around the market long enough to know that this ups and downs can still prove to be highly beneficial, time again I've seen people use these windows of opportunities to make millions and set up for retirement. I just don't know how they did it.
pathetic and hopeless analyst, i did everything the opposite side of what he said. Why not ask him to short BTC now since it's going to drop to 15K.. LOL… Loser. always shouting for crash, and he was never once right!
If somehow btc falls to 10000 imagine the opportunity we will get to buy $dexa coin
Thanks bud for keepin us financially Educated Regardless of how bad it gets on the economy I still make over $13,000 every single week… ❤❤