"If You Can Emotionally Handle What's Coming, It's Your Time to Get Rich" | Gareth Soloway

"If You Can Emotionally Handle What's Coming, It's Your Time to Get Rich" | Gareth Soloway

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Despite the FTX collapse, Bitcoin gained momentum, reaching a 7-day-high of $18,320 on December 14th, as the bulls looked to gain control but the FUD surrounding CZ and Binance appears to be the catalyst for Bitcoin retracing, as it currently trades for $16,754.63, down 2% in the past 7 days. The question marks and negative narrative around Binance throughout the week caused a “run-on-the-bank”, creating an outflow of at least $6 Billion (some estimate to be $10 Billion) from its platform, which Binance successfully handled. Still, there are concerns in the overall crypto market, as many believe there’s more damage to be done. Investor Gareth Soloway is one who shares that view. As a guest on crypto banter, Soloway stressed that the indicators are suggesting that the market has not reached the low just yet. From an analytical viewpoint, Gareth shows how the graphs are suggesting a $9k Bitcoin but from an emotional viewpoint, Gareth believes that the overall sentiment and the reactions from the market haven’t reached peak fear yet. Gareth believes there’s more pain to come, as people on social media are calling for the low to be in with everything $100 uptick. In Gareth’s estimate, when the market is completely quiet, stunned, and people are saying Bitcoin will be gone in a year. That’s when the real low is in. And if you can emotionally stay in the market at that moment, Gareth believes it's an opportunity of a lifetime, if you know how to take advantage.

Gareth Soloway is renowned for his macroeconomic analysis, technical chart analysis, and trade signal alerts. He has created proprietary indicators like the Confirmation Signal, River Theory, Three Tail Theory, cycle analysis and a sentiment indicator that is game-changing.
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