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Gareth Soloway: This Is My Boldest Prediction Yet
The crypto market is seeing red again, after a relief rally earlier this month that saw Ethereum push above $2,000 and Bitcoin trade for just a shade under $25,000. Trader and analysts Gareth Soloway called the relief rally, predicting that Bitcoin could run up to $25,000 to $28,000 before falling to the $12,000 range. In an interview with Kitco news, Galloway didn’t change course on his prediction but added a bold prediction regarding the traditional markets…. Suggesting that we won’t see new highs in the S&P 500 for 5-10 years. While this sounds gloom & doom, Galloway was adamant that there would be ample opportunity to make money during this next downturn for those who are bold enough to not just “follow the herd”. While Gareth’s short-term prediction for Bitcoin is bearish, he still remains a long-term bull and believes after this downturn, if you can handle it emotionally hold, now is the perfect time to buy for long-term investors… even at $21k for those who don’t believe a 12k Bitcoin is coming…
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THIS INTERVIEW WAS POSTED ON AUGUST 22, 2022
Watch the full unedited interview here ⬇ [Credits] 🙏
https://www.youtube.com/watch?v=JZPozJbi_Mw&t=1348s
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by the copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.
-This video has no negative impact on the original works (It would actually be positive for them)
-This video is also for teaching and inspirational purposes.
- It is not transformative in nature.