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.

We get into some pretty big stuff here. Tons of info on #Bitcoin #Crypto #Gold #Yields #USDollar #Stocks and the #FederalReserve. Always a pleasure sitting down for a chat! https://t.co/5AOvutNJtU

— Gareth Soloway (@GarethSoloway) June 27, 2022

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.