Best Crypto TA Expert Predicts 12k Bitcoin Price THIS YEAR | Gareth Soloway

Hello, everyone. My name is Gareth Soloway, and I’m a technical analyst and the founder of InTheMoneyStocks.com. In this video, I’m going to be talking about Bitcoin and why I think it will reach 12,000 dollars by the end of 2021.

For starters, Bitcoin is a decentralized digital currency that can be used to send and receive payments over the internet. It has become increasingly popular over the past few years and is now one of the most sought-after investments in the world.

The reason I’m so bullish on Bitcoin is because of its unique characteristics. It’s an asset with limited supply, meaning that there will only ever be 21 million Bitcoin in existence. This makes it a prime target for investors looking to store their wealth in a secure and scarce asset.

Furthermore, Bitcoin has already proven itself to be incredibly resilient. Despite the events of 2020, Bitcoin has managed to increase in value and remain one of the best performing assets in the world. This is a testament to its strength and stability, and it’s something that I believe will continue to drive its price higher in the future.

Finally, I believe that the upcoming halving event will be a major catalyst for Bitcoin’s price. This event will essentially reduce the amount of Bitcoin that can be mined, which will lead to higher demand and a higher price.

Based on all of this, I’m confident that Bitcoin will reach 12,000 dollars by the end of 2021. This is an impressive price point, and I believe it will be an incredible opportunity for investors to make a profit.

That’s all for now. Thanks for watching, and be sure to check out my other videos for more expert analysis on Bitcoin and other digital currencies.