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In today’s video, chief market strategist at InTheMoneyStocks.com Gareth Soloway updates about his Bitcoin outlook for 2022, his thoughts on 9.1% CPI Report for June 2022, and his views regarding Fed’s next move after this rate hike.
Gareth also explains whether $21,000 is the bottom for Bitcoin or will this cryptocurrency go even lower.
Inflation in the US has hit a new high of 9.1% in June, putting even more pressure on American families and President Joe Biden, whose approval ratings have dropped because prices keep going up.
The government released data this week that showed the consumer price index went up sharply and more quickly than expected from May to July. This was because gasoline prices went up much more than expected.
The Labour Department said that the 9.1% rise in the CPI over the past year up to June was the fastest rise since November 1981.
Title: BITCOIN, CRYPTO, STOCK MARKET UPDATE!!! with Gareth Soloway
Channel: Greg Dickerson
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0:00 – Intro
1:13 – What is Gareth’s outlook for Bitcoin in July 2022?
2:51 – What does Gareth Soloway think about 9.1% CPI Report for June 2022?
4:28 – What will be Fed’s next move after this rate hike?
7:04 – Is $21,000 the bottom for Bitcoin or will we go even lower?
8:16 – iTrustCapital
#Bitcoin #Ethereum #WealthyValue
? Hey, I’m Gio. I spend countless hours every day learning and watching videos about crypto and the world economy. I realized how difficult it is to find useful content in a sea of noise, so I teamed up with some skilled friends and started my own YouTube channel. Wealthy Value is a place where we share what we’re learning about crypto, finance, and value creation.
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