In this YouTube video, Gareth Soloway discusses the impact of the latest Fed rate cut on legacy and Bitcoin markets. He mentions Bitcoin’s price dropping to $98,695 due to Jerome Powell’s comments on future interest rate cuts and inflation concerns. Soloway also analyzes gold, silver, oil, and natural gas markets, predicting potential trends based on technical analysis. He points out the recent market sell-off following the Fed’s decision and warns of potential recession risks due to inflation concerns. Soloway emphasizes the importance of technical analysis and cycle analysis in investment decisions, highlighting the need for caution in the current market environment. He suggests that the market may experience further declines despite potential short-term rallies. Overall, Soloway provides insights into the current market conditions and potential future trends, urging viewers to stay informed and cautious in their investment decisions.
