No One Is Talking About The Real Reason Bitcoin Is Crashing | Gareth Soloway
1 year ago
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No One Is Talking About The Real Reason Bitcoin Is Crashing | Gareth Soloway
Bitcoin is trading for $19,516.36, which is a recovery from its lowest level in three months as it hit a low of $18,276, its lowest level since June 19, 2022. All risk assets are feeling the effects of regulatory pressure, rising base rates, and inflation� as the Fed tries to tame the economy while the White House is attempting to regulate cryptocurrency. The volatility shouldn�t come as too much of a surprise for those who have paid attention to analyst and trader Gareth, who has been calling for Bitcoin to drop to the $9-12k range, before shooting back to all-time highs. As a guest on Stansberry Research, Gareth gave his analysis on Bitcoin�s current price action and why it�s crashing. Gareth also provided insight on Ethereum and other coins he�s keeping his eyes on.
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