Gareth Soloway predicts Bitcoin's price will hit $150K-$200K by 2025, using strategies from his experience during the dot-com bubble.
Bitcoin could either rise above $100k or drop below $30k, according to Gareth Soloway of Verified Investing.com, who notes Bitcoin closely follows equity markets but finds its current decline concerning.
Gareth Soloway predicts Bitcoin could avoid the usual September slump and reach $69K soon. He cited potential Federal Reserve actions as a factor.
Expert analysts downplay Bitcoin’s sub-30% correction, highlighting several positive factors, including recent CPI and inflation data showing a minor decrease.
Market analyst Gareth Soloway warns of potential troubles in the U.S. banking sector and predicts a decline in both the stock market and Bitcoin. Soloway highlights management issues in major banks identified by U.S. federal regulators.
Expert trader Gareth Soloway suggests that Bitcoin's sideways movement around $60,000 might indicate an upcoming altcoin season, despite current market uncertainties.
Major cryptocurrencies have seen significant price swings due to market volatility. Bitcoin experienced a 3.61% correction, with ETH and XRP seeing larger declines. This indicates a current bearish trend in the market, highlighting investor uncertainty.