In an interview with Thinking Crypto!, Trader Gareth Soloway gave his perspective on what to expect as we head toward his $9,000 Bitcoin price target. It’s no secret that Gareth has been calling for the downturn in Bitcoin’s price action way before the FTX collapse. In Gareth’s view, the FTX black swan event just magnified and solidified what he’s been saying. Gareth shared his current strategy as the markets unfold… which is to buy at $2 to 3K increments on the way down until Bitcoin reaches its bottom. But Gareth believes when Bitcoin reaches $10,000, many will panic and sell… which provides a golden opportunity for strong hands to pick up Bitcoin for cheap (relatively speaking).
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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“Most Are Going To Panic When Bitcoin Hits This Price” | Gareth Soloway