Bitcoin at 59K: Break or Bounce? (Plus 9 Altcoins) - Gareth Soloway Forecast And Technical Analysis. Bitcoin flushed to a new low near 59,000 and snapped back, and the question now is simple: is this the breakdown, or is there still near-term upside left? In this video, Gareth Soloway breaks down Bitcoin from a pure technical analysis standpoint, the high-pivot-to-low-pivot levels that decide the next move, and why the AI trade is both helping and hurting crypto at the same time.
From there Gareth walks the full board: Ethereum coiling inside a wedge, Solana holding relative strength, the Aave bull flag breakout, the XRP wedge that could go parabolic, Hyperliquid, Avalanche reclaiming its trend line, Chainlink's higher low, and Near Protocol. Video by Gareth Soloway.
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Time stamps
0:00 Intro: Bitcoin's flush to 59K
0:53 Yesterday's candle and the bounce
1:31 Why Micron's earnings moved Bitcoin
4:08 The AI trade helping and hurting crypto
4:49 The crypto rotation thesis
5:43 Bitcoin levels: break or game on
8:04 Ethereum wedge: which way it breaks
9:48 Solana relative strength
10:34 Aave bull flag breakout
11:31 XRP coiling wedge setup
12:17 Hyperliquid watch
12:45 Avalanche reclaim level
13:18 Chainlink higher low
13:56 Near Protocol
14:28 Rumble Wallet and gold update
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