Is the $10,000 Bitcoin Price the Next Stop for Bitcoin? Gareth Soloway Breaks it Down | Stansberry Research

Is the $10,000 Bitcoin Price the Next Stop for Bitcoin? Gareth Soloway Breaks it Down | Stansberry Research thumbnail

Jeff Brown The Near Future Report

“The governments around the globe are going to have to start taking away money from the system instead of pumping it in,” says Gareth Soloway, president and CFO of InTheMoneyStocks.com. He said to Daniela Cambone that bitcoin is a risk-on asset and should be treated as such. Soloway believes that a crypto bearish decline will lead to a huge buying opportunity. He says investors need to look at bitcoin investing from a longer-term perspective due to inflationary and macroeconomic issues that “are just not bullish for Bitcoin.” Soloway expects a huge rise in gold prices in 2022,, slapping its performance to outdo the stock market and bitcoin. He predicts that Ethereum’s performance will depend on bitcoin’s. There is also a crypto winter ahead. Soloway ends by looking at potential M&A deals in the technology sector, from Roku to Teladoc Health.

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