Tone Vays: BITCOIN IS PREPARING FOR A SERIOUS RALLY

Sensational cryptocurrency analyst Tone Vays predicts that Bitcoin is preparing for a serious rally, since there can be only one way out of the current horizontal BTC price corridor - UP.

According to Tone Vays, the rate of the first cryptocurrency pushed off from the "bottom" at $15,700. The analyst noted, and we can note it ourselves, that the price of Bitcoin has been consolidating around $17,000 for a long time, so we can most likely expect an increase in the exchange rate:

There is a probability of more than 50% of Bitcoin going up. We should expect growth of at least 10%. But when approaching the levels of the previous channel, which is about $20,000, sellers can increase the pressure.

Tone Vays

Tone Vays stressed that usually in the area of the bottom, the asset price is traded for only a few hours. Bitcoin really fell to $15,700 only for a short period of time. At the end of October, Ton Weiss said that Bitcoin would reach a six-figure price in 2023, even before the next reduction in the remuneration of miners.