Gareth Soloway
The Federal Reserve & Bitcoin: Important Charts…
With the Federal Reserve likely to raise rates by 25 basis points tomorrow, whatever the near-term whip of this is, the 10 year #yield chart shows upside will likely continues over the next few months til 2.40%-2.50% is tagged.
Wedge pattern coming to a head signals a move coming on #Bitcoin.…
Bitcoin Price Path…
Bitcoin looks to be following my near-term price path, potential near-term breakout at hand.
Watching….
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Transitory, Say What?
This…. from April 28th, 2021…when the Fed was still claiming “inflation was transitory”. https://t.co/xHAjjFZW2a
— Gareth Soloway (@GarethSoloway) February 4, 2022
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Bitcoin Major Level To Break…
Notice the trouble #Bitcoin is having breaking over $39,000? This chart shows you exactly why… It is epic resistance. However, if it can break above, $BTC has life to likely 44-46k before needing to fight resistance again.
…LET’S GO!!
$TSLA, $RCON, $HOOD Chart Action…
…Incredible to see that #Robinhood hit $85 after its #IPO in the insanity of #wallstreetbets. 6 months later it is trading at $9.99. A lot of new investors getting the lessons the previous investor generation learned in 2008-09 and 1999-2000.