Bitcoin Still Heading to $20,000, So Don’t Get Excited About the Rally Warns Expert



As Bitcoin’s weekend rally erased its losses for the year, right now, “is a bad point to get into Bitcoin,” says Gareth Soloway, president and CFO of InTheMoneyStocks.com In order to have a legitimate break to the upside, “bitcoin needs to hold at the $50,000 level,” the expert technical analyst tells our Daniela Cambone. Soloway cautions investors seeking to invest into the cryptocurrency by asserting that, “you don’t want to buy into resistance.” Cryptos have had a massive run, he tells our Cambone when discussing rising altcoins, however, “it would be nice to see consolidation at this point.” “Gold faces downside in the near-term,” and the economy slowing aggressively in the second half of 2022 will only help the precious metal, he predicts. The Reddit meme traders are, “trying to recreate the magic,” he says, as GameStop and AMC have been identified with bullish trends. Soloway concludes that the coming digital yuan will be the reserve currency of the world, “as the dollar is here to stay in the short-term, but will have issues long-term competing.”

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0:00 Cryptocurrency’s outlook bullish v.s. bearish

5:22 Is this a good time for investors to get in cryptocurrency?

7:17 The latest forecast on Ethereum

8:37 What’s happening with Terra Luna?

9:53 Solana Price Action

10:36 What’s next for BNB?

11:35 The performance of MATIC

12:18 Will gold move higher than $2000?

13:51 How does high inflation impact the pricing of gold

14:25 Metals to Watch

16:12 Outlook for Tesla stock

17:25 Outlook for AMC and Gamestop stocks

18:05 Where is the market headed?

19:03 Will the Fed be able to orchestrate a soft landing?

20:33 Outlook for the U.S. dollar

0:00 Cryptocurrency’s outlook bullish v.s. bearish

5:22 Is this a good time for investors to get in cryptocurrency?

7:17 The latest forecast on Ethereum

8:37 What’s happening with Terra Luna?

9:53 Solana Price Action

10:36 What’s next for BNB?

11:35 The performance of MATIC

12:18 Will gold move higher than $2000?

13:51 How does high inflation impact the pricing of gold

14:25 Metals to Watch

16:12 Outlook for Tesla stock

17:25 Outlook for AMC and Gamestop stocks

18:05 Where is the market headed?

19:03 Will the Fed be able to orchestrate a soft landing?

20:33 Outlook for the U.S. dollar

source

34 thoughts on “Bitcoin Still Heading to $20,000, So Don’t Get Excited About the Rally Warns Expert

  • April 4, 2022 at 10:11 am
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    Made $28k from cryptocurrency trading today. So so happy

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  • April 4, 2022 at 10:11 am
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    Always <feel better after watching your daily streams, thank you! Wish I could make the Bitcoin conference but I can't. Keep up the good work, BTC is basically credit default insurance. All it has to do is gain adoption as a source of collateral to succeed. It doesn't need a total collapse of the fiat system. Therefore all the BTC critics below who say BTC is illogical because it posits the survival of digital network infrastructure while the current monetary system collapses are off target in their black and white either or approach. The collapse of the current system is already happening as the collateral value of US Treasury Bonds is diminished. This diminishment is why there are asset bumbles. People are monetizing hard assets such as real estate, stocks, etc. BTC is a superior monetary asset compared to physical assets because the current percentage of the value of hard assets that is represented by monetary value will diminish as it is sucked into the monetary value of a superior form of money. This is known as Gresham's law. Gresham's law is how gold became a Tier 1 monetary asset and how BTC will as well. Because BTC can't be centrally controlled like gold and for its greater monetary utility over gold, it will far surpass gold's market share. I suspect BTC will be 50x its current USD price before it stabilizes. I'm super picky who I listen too for crypto analysis.. Bitcoin is increasing day by day and is not too late to invest right now, just make a move because starting early is part of the game and trading is the main game. 13 btc and still counting in just few months of trading, Expert Mrs. Robin Moore is the trade queen as far as I'm concerned. This woman has really change the life of many people from different countries and l'm a testimony of her trading strategy, easy to copy trade with and very accurate, you can contact her for inquires and profitable tr^ding systems on Telegram @moorerobin ** for any crypto related issues

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  • April 4, 2022 at 10:11 am
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    If you bought near 30 you wouldn't be waiting for $2500 to be stopped . Id be out around 27500. Not so sure this guy has a clue.
    Expert …. Hmmmmmm

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  • April 4, 2022 at 10:11 am
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    Gotta love, all the experts, in the complaints department.

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  • April 4, 2022 at 10:11 am
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    Warns 'expert' who runs a crappy website from his mother's basement. Where is the dislike button?

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  • April 4, 2022 at 10:11 am
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    Too bad Gareth soloway's predictions are consistantly inaccurate.

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  • April 4, 2022 at 10:11 am
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    Gareth is about to become a rockstar icon of market technical analysis. Thank you Danielle for all your outstanding work. Thank you Gareth for your ease of chart explanation. The read like a child's story to me know. Mostly 😁

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  • April 4, 2022 at 10:11 am
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    Dude is always so bearish. I guess you predict something enough times…eventually it happens.

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  • April 4, 2022 at 10:11 am
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    Just saw the video from curiosity, do people actually believe him? Omg stay away from his videos.Bitcoin is going up and of course it will go down but not now.

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  • April 4, 2022 at 10:11 am
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    lol he bought "the fed will tighten" story

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  • April 4, 2022 at 10:11 am
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    He is bullish on federal reserve, he is saying they can not inflate anymore . well just another fiat bull will soon learned its lesson

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  • April 4, 2022 at 10:11 am
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    BS its going to 20k . Soloway just a BS artist trying to buy cheap bitcoin.

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  • April 4, 2022 at 10:11 am
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    Gracias Daniela and Garerth….

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  • April 4, 2022 at 10:11 am
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    No other country will have the world reserve currency after the USA.

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  • April 4, 2022 at 10:11 am
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    Bitcoin to the moon

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  • April 4, 2022 at 10:11 am
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    Hilarious. He doesn’t see the fundamentals. Calling him a pro is a little much.. he just covers technical. Go have dinner with Richard Heart. He called it a bear flag and it’s a ascending triangle… zzzzzz

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  • April 4, 2022 at 10:11 am
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    Derivatives sellers out here laughing at these "technical" traders, knowing very well that technical analysis is a complete coin flip. Support, resistance, RSI, MACD, all BS. Theres plenty of research to show that its no better than a coin flip from over 20 years of SPY data. I never look at a single chart trading derivatives, and am able to make money selling options. Technical analysis is useless. And this comes from someone who tried trtading "technical" for over 10 years.

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  • April 4, 2022 at 10:11 am
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    The funny thing about this guy is, that he is mentioning that bitcoin is safer at 50k above the imaginary moving average line when it is clearly entering the premium price. And talking 20K since 33 34k. If you listen to this narrative, you'll never accumulate a single sats.

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  • April 4, 2022 at 10:11 am
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    All these oracles are never accountable for their predictions. Too easy. He should short it and put his money where his mouth is.

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  • April 4, 2022 at 10:11 am
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    so he got liquidated with his other geniouses

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  • April 4, 2022 at 10:11 am
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    13500 Int rates rise tend to b followed by sell off by Gold

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  • April 4, 2022 at 10:11 am
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    Literally, just do the opposite of Captain Pleb and 8/10 times you'll make profit

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  • April 4, 2022 at 10:11 am
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    I do not trust this channel at all…

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  • April 4, 2022 at 10:11 am
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    This guy has been waiting for $16k bitcoin for past couple of years too… Probably he ll do the same for next 5 years too

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  • April 4, 2022 at 10:11 am
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    If Bitcoin get to 20k . I be rich

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  • April 4, 2022 at 10:11 am
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    Lol It’s not going to $20k. What a crock!

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  • April 4, 2022 at 10:11 am
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    When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it

    Reply
  • April 4, 2022 at 10:11 am
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    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

    Reply
  • April 4, 2022 at 10:11 am
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    Daniela looks like she just walked in from an all nighter in this clip compared to previous videos

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  • April 4, 2022 at 10:11 am
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    Get Dan from Chart Champions on instead of this guy.

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  • April 4, 2022 at 10:11 am
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    Daniela looks sad.

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  • April 4, 2022 at 10:11 am
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    Love the hocus pocus dark chart art.

    Reply

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