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.
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