Gareth Soloway Predicts a Little Bounce In Crypto Market and Drastic Crash

While giving an interview to Stansberry Research Gareth Soloway, a stock and crypto analyst highlighted a small rebound and steep decline towards the $12k price of BTC. He mentioned the Terra crash and Celsius Network issues as they directly point to a further downturn of the crypto market.

He compares the current recession with the dot-com bubble when more than a trillion-dollar internet industry collapsed in a matter of weeks.

The current market is not giving up yet by staying on the resistance level of the reference price of BTC at $20k, he says.

He also showed a clear downside market using TradingView chart. From the $69k top to today’s $20k movement obviously shows a real crash.

gareth soloway