A Washout in Crypto Currencies May be Coming and the DOWNSIDE for BITCOIN Could be MASSIVE!
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Gareth Soloway is the Chief Market Strategist of IntheMoneyStocks.com and he sits down with Blake Morrow from Traders Summit to discuss the recent price action in the Standard and Poor’s 500 and how price action is similar to the September/October move.
Gareth also discusses the gold market and how we have a longer term bull flag pattern.
Gareth and Blake talk about the US Dollar and what may be in store for the major currency moving forward.
Also, Gareth discusses #Bitcoin and the crypto currencies market and parallels the current market to the .com market in the 90’s. He draws the comparison of Bitcoin like #AMZN a couple decades ago. With a potential washout in Crypto Currencies the downside for bitcoin could be massive. #BTC