Bitcoin came this close to a major breakdown, and Gareth Soloway shows the exact Bitcoin price levels that decide whether it rips toward $97,000 or slides to his buy zones below. Video by Gareth Soloway.
Bitcoin flushed to about $79,750 today before closing back above its $81,000 support, after hammering that line again. Gareth explains why the bullish structure is still intact, why Bitcoin has been hanging in there even as the AI trade and the Nasdaq slide, and why he holds no swing position in Bitcoin, long or short, while it sits inside its roughly $6,000 range.
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Then the upside. Above $87,200, three separate factors line up near $95,000 to $97,000: a rising trend line, a measured move off the consolidation, and the prior pivot highs. Gareth walks through each one on Coinbase's own charts and explains why the trend line could carry that target into late November.
On the downside, a daily close below $81,000 opens $75,500, where Gareth would buy only 25%, and then the $67,000 zone where he plans to load the rest. He shares what he told Crypto Banter about going all in, why he still believes the cycle low is in until proven otherwise, and why having a game plan before a trade keeps emotion out of it.
On the altcoins, Gareth covers Ethereum's range, with a heavy buy zone just below $2,000 and a $2,800 retest on a breakout, plus the HBAR swing trade setup he took with Smart Money Crypto members on a retrace to the scene of the crime, with a target near $0.10.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed.
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