Gareth Soloway, chief market strategist at VerifiedInvesting.com, is staying bullish on Bitcoin, Ethereum, and $XRP despite recent volatility, and he says the charts are giving him a clear roadmap for what comes next.
Bitcoin: $80,000 to $85,000 in Sight
Soloway says Bitcoin is forming a classic bullish consolidation pattern. The key signal he is watching is an inside bar formation off a strong green reversal candle. As long as Bitcoin does not post a daily close below that candle’s low, the bullish structure remains fully intact.
Bitcoin recently pushed above a key trend line but failed to confirm the breakout, which Soloway says was not a bearish signal. In his framework, confirmation requires a follow-through close, not just a single push above resistance. Without confirmation, the move simply becomes part of the ongoing pattern.
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