Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, is doubling down on his bullish crypto calls, and so far, the charts are proving him right.
About a month ago, when Bitcoin had just flushed to $60,000 and retail sentiment was bearish, Soloway turned bullish. Most people thought he was wrong.
“When I see eight out of ten comments calling me a clown, I put more money into the trade,” he explained. For Soloway, extreme retail fear is not a warning, it is an invitation.
Bitcoin is now trading above $74,000, marking eight consecutive days of gains. Soloway says the level to keep an eye on is a daily close above $74,000. If that holds, the next targets are $80,000 to $85,000.
The resistance at this level is not random. Soloway traced it back to a long-term trend line connecting multiple major price pivots, a classic technical setup where old support becomes new resistance. A clean break above it, he says, opens the door to the next significant leg higher.
Ethereum has broken out of what Soloway describes as a textbook inside bar pattern, a structure where price compresses after a strong reversal before launching higher. ETH is now trading above $3,300 and confirming the breakout.
His price targets: $2,600 to $2,800 — which from the recent consolidation low would represent a 45% move.
Soloway is also long Solana, currently up around 15% on the trade, with targets of $115 to $118 after clearing the $100 resistance zone.
For the XRP community, Soloway revealed he picked up XRP over the weekend after spotting the same breakout pattern forming across the chart. He is already up 10% on the position and says the setup looks nearly identical to the other trades that have worked.
Despite the short-term bullishness, Soloway is clear-eyed about the macro backdrop. The larger trend, he says, still points downward.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The latest Bitwise 10 Crypto Index ETF (BITW) rebalance reflects how institutional investors are positioning…
NIGHT price may still be stuck in a bearish trend, but the Midnight network has…
TIA price is back on traders' radar after climbing 13% in a single day, but…
Crypto analyst Jesse, appearing on a podcast focused on XRP developments, claimed that Japan has…
After auditing 50+ crypto campaigns, the same 7 patterns keep showing up before a project…
As crypto scams continue draining millions from victims, law enforcement agencies are increasingly leaning on…
