Name: Gareth Soloway On Bitcoin Vs Yields & U.S. Dollar
Uploaded: 2022-06-17T22:03:41.703
Duration: 7 min 15 s
Description: Bitcoin is at lowest levels since December 2020. "There will likely be a short-term break of the bitcoin price. You could go as high as the $30K price level over the next month or so. The key is to look at the 10-year yield. If the U.S. Dollar declines, that is a short-term positive for bitcoin. The cryptocurrency is a very young asset and will move wildly until it matures," says Gareth Soloway.

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Bitcoin is at lowest levels since December 2020. "There will likely be a short-term break of the bitcoin price. You could go as high as the $30K price level over the next month or so. The key is to look at the 10-year yield. If the U.S. Dollar declines, that is a short-term positive for bitcoin. The cryptocurrency is a very young asset and will move wildly until it matures," says Gareth Soloway.

Gareth Soloway On Bitcoin Vs Yields & U.S. Dollar

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