Inthemoneystocks.com’s chief market strategist Gareth Solway; Bitcoin spoke about short -term goals for gold and stocks. He also conveyed his new goals. Kriptokoin.comWe share the details as…
Gareth Soloway maintains its target of $ 20,000 in Bitcoin
In various programs he participated in, Soloway argued that the BTC should fall to $ 20,000 in the medium term in the medium term. According to the market value by the end of the year, the largest crypto currency does not think that a level of 100,000 dollars will be seen. However, he said, “I wish I had seen $ 100,000 within the possibilities ,, he said that he knew that there were many people who purchased around $ 60,000”.
Soloway said that although the long -term rise in the long run, the $ 20,000 medium -term Bitcoin price target is maintained. About the tensions in Eastern Europe, Soloway said Russia’s invasion of Ukraine can actually provide support for Bitcoin. As we have reported before, the United States says that Russia has all the powers to start military operations, but Russia has repeatedly said that it has not had such a plan. In addition, Ukraine reiterates that the intelligence unit does not receive such sensation. Although there was nothing for sure, rumors increased the price of commodities.
What is Soloway’s gold prediction?
With the global spread of the Russian-Ukrainian tension, the price of ounce of gold seems to exceed $ 1,860 at the weekend. From a technical point of view, the special name of the gold’s graph is “absolutely wonderful”, the yellow metal has been in the stage of consolidation for a while. The expert states that gold, which continues to reach the trend lines in the graph below, can ultimately break to higher levels and reach the 2020’s record -level 2.070 dollars.
Of course, it is not clear when this will happen. Soloway says jokingly that “Russia occupies Ukraine today today,” $ 2,070 can be seen, “he says. Soloway also draws attention to the increase in inflation, claiming that it can increase gold prices. Looking at the graph of 2020 in parallel, he says that the great breakage is likely to realize in August of this year.
