Bitcoin Hits $50k, S&P 500 Breaches 5000: Gary Wagner Charts Next Key Levels

Kitco News, Released on 2/12/24

Jeremy Szafron, Anchor at Kitco News interviews Gary Wagner, Editor of, where he discusses his technical analysis on Bitcoin’s ascent past $50,000 and the S&P 500 surpassing 5000, analyzing the indicators that signaled these moves and where levels of resistance maintain. Wagner provides insights on Gold and Silver, pointing to current chart patterns and market dynamics, providing a precise analysis of what these trends might spell out for the future of the financial markets.

00:00 – Introduction
1:40 – Bitcoin hits $50000 and Technical Analysis
9:15 – S&P 500 Record and Technical Analysis
14:30 – Gold Trends and Technical Analysis
18:25 – Silver Market Technical Analysis
21:00 – Final Thoughts

Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of “The Gold Forecast,” a daily video newsletter. He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of “Trading Applications Of Japanese Candlestick Charting” a John Wiley publication.

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