⚠ Bitcoin’s Worst Case? A Veteran Says $35K Isn’t Impossible
Markets are tense, charts are heavy, and $BTC is sitting on a level everyone is watching. Veteran analyst Gareth Soloway says Bitcoin is holding up better than stocks for now -but the next move depends on how ugly things get outside crypto.
In the near term, Bitcoin has shown resilience. Price dipped, then closed back above key levels, with buyers stepping in around the $73K–$74K zone. That area was a prior breakout point, and the clean bounce suggests demand is still alive, even as U.S. equities stay under pressure.
If a rebound plays out, Soloway expects sellers near $85K–$86K - former support turned resistance. That wouldn’t mean a new bull run, just a relief move. His base case points to ~$55K as a deeper correction target, based on past cycles.
Here’s the risk map:
• Short-term bounce possible from ~$73K support
• Resistance likely near $85K–$86K
• Base correction target around ~$55K
• Worst case: ~$34K–$35K if global markets crash hard
The key takeaway isn’t fear - it’s preparation. Bitcoin can stay resilient… until macro stress forces everyone to de-risk at once.