Trader Gareth Soloway has been calling for a Bitcoin to slide to $10k – $13k range for a few months now, despite many other pundits and analysts saying that the low was in. Soloway stayed true to his analysis, and here we are…. Bitcoin is currently $16,693.49, down 21% in the past 7 days and how low this will go is anyone’s guess, as the markets await to see what’s truly behind the curtain of the FTX/Sam Bankman Fried collapse and how far it will reach. Many are calling for heavy regulation, but former Treasury Secretary Larry Summers believes the whole situation is more like an Enron, than a Lehman.

In an interview with Debate Crypto, Soloway stated, that as a result of this debacle, he’s only touching Bitcoin, with MAYBE some Ethereum. But he’s warning that now is the time to go into crypto, and believes we will bottom at around $10-13k, with a possible $7k in the cards.

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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► To watch the full interview:

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