"The Average Investor Sees Bitcoin This Way" | Gareth Soloway

18 Comments

1. 💰 Claim Your Rewards & Start Trading Like the Pros!
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2. This guy's conviction that it will go to 20k (or below) tells me it won't even get close. As the saying goes, anyone that tells you something is going to happen is guessing or trying to scare you into selling to their open bags. I'm a TA guy myself, I'm not blind. What he's stating is pretty obvious from probable chart patterns…but it's not going to happen. There are more factors than the charts in play. Look at the average price companies like Microstrategy and Tesla bought in at (low to mid 30k range) and they have plenty in the fiat tank to buy a whole lot more…and that's just two big companies. There are MANY companies looking to jump in along with hedge funds, pensions as well as entire countries. The probability of reality overshadows the probability of charts and the reality is the companies currently in with a lot of fiat will defend their entry points vigorously. The old four year cycle is over (the charts themselves show you this) and that's what his basis and timeline is keying off of which is silly. I will agree BTC is going to 500k to 1 million…that's a foregone conclusion…it's not guaranteed…but it will…at some point…

3. It would be a great idea to buy bitcoin even at all time high
   Only if you understand bitcoin!
   Also if you are buying for right reasons 💯

4. DCA into BTC, every day or week for the next 18 months. Patience and not over extending is the key.

5. Technical analysis is nonsense

6. This guy is joke

7. It's so going down ti $35,000

8. If it got under 30K people would be buying like crazy making it bounce back up. 20K? You've got to be kidding me.

9. Everything under 30K would be a very nice buy for btc.

10. I'm glad people are calling for 20k

    More Bears the less likely.

    Just like when the bulls call for 100k

11. I agree.
    We’re in a 2 year crypto winter.

12. Tub of lard this fella

13. BITCOIN is to young to have cycles. (Halvings have a pattern) Charts are hindsight and never predictive long term or even past a day or 2. Period. The only way BITCOIN will hit 20k is if there's a Total Global CRASH with Stocks, Real Estate etc. Buy the Dips and Stack the DUMPS. Then when BTC takes out it's old high and it will, sell and repeat.

14. This guys never right.

15. No one has ever given me data on how often the patterns play out in crypto (an exponential market). I can glance over history on the daily and see several modestly ascending channels where price leaped up and consolidated. I can't imagine having this level of conviction off the shape you see in the clouds. I mean there's a falling wedge at the end of the flag. It doesn't seem clear to me.

16. No….

17. Gareth has been calling for 20k bitcoin since 1997

18. That would be amazing 👏

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