Lackluster price growth has not impacted overall bullish short-term potential, says Vays, who is eyeing gains this month. Bitcoin (BTC) began the day down 2% on April 4, but one trader remained confident in a bullish scenario unfolding next week. Cryptocurrency market daily overview. Source: Coin360 Vays: I’ll buy BTC at $6,400 Data from Coin360…
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In his latest market discussion, the veteran trader says that he is “under the assumption that the low is in” for Bitcoin after its trip to $3,700 this month. Bitcoin (BTC) likely reached its low when it hit $3,700 earlier this month, veteran trader Tone Vays has forecast as markets remain up 70%. In the…
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In an update for traders, Vays says he believes that Bitcoin will not go below $2,000 during this bearish phase. Bitcoin (BTC) trading at $2,800 isn’t scary as long as it happens before May’s block reward halving, Tone Vays believes. In the latest edition of his Trading Bitcoin YouTube series on March 18, the celebrated…
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Speaking to traders as BTC/USD recovered from its worst day on record, the trading veteran said he believed markets still needed more pain. Bitcoin (BTC) likely bottomed when it hit $3,700 this week but will likely dive below $5,000 one more time, says Tone Vays. In the latest edition of his Trading Bitcoin YouTube series…
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Bitcoin reclaiming $9,000 proves cause for celebration as the stock-to-flow model creator continues to fend off concerns that his outlook is too optimistic. Bitcoin (BTC) rising to $100,000 next year has “more one hundred-plus events” backing it up, price analyst PlanB has confirmed. In the ongoing Twitter debate over his stock-to-flow Bitcoin price model, the…
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Any short-term gains to Bitcoin indirectly helped by the virus will reverse in time, a prominent trader warns, as the cryptocurrency hovers at $9,000. Bitcoin (BTC) may be gaining thanks to “economic fear” over coronavirus — but only up to a point, analysts are concluding as the disease spreads. The cryptocurrency hovered at around $9,000…
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Vays remains cool-headed despite markets clinching $9,000 for the second time this month, arguing higher levels must first endure. Bitcoin (BTC) rising above $9,000 has turned heads amid fresh uncertainty in China but has yet to convince one of its best-known traders. In the latest episode of his Trading Bitcoin YouTube series on Jan. 28,…
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Bitcoin could have an easy run further into the $8,000 range but one factor, in particular, is putting the brakes on bullish belief, says the trader. Bitcoin (BTC) clinched a third day trading above $8,000 on Jan. 13 as weekend trading failed to take away bullish momentum. Cryptocurrency market daily overview. Source: Coin360 BTC: major…
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The future will see Bitcoin take ever more market share from altcoins, says the well-known trader, and even cause the “destruction” of competitors such as Ethereum. Bitcoin (BTC) will cement its dominance over the cryptocurrency market next year in a fresh blow to altcoins, a veteran trader has said. In the latest episode of his…
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The short-term outlook for Bitcoin could involve a 71% retracement versus 2019 highs of $13,800, warn Tone Vays and Willy Woo. The Bitcoin (BTC) price has almost reached its bottom for 2019, but the threat still remains for markets to hit $4,500, according to one expert. Well-known statistician and analyst Willy Woo delivered his analysis…
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