[ Trading ] Is there another leg down to below $5000? Tone Vays says YES, get ready
I watched 2 videos today about the longer-term view for Bitcoin and the current Bear Market and found it very interesting so I am sharing it below.
The first one was Tone Vays with special guest Doug Polk. Tone won a $10k bet by correctly predicted the BTC price. He has been very accurate with his BTC price predictions. More info below.
Tyler Jenks from Hyperwave is long term Bull, but warns that we are still in bear market and hopes $5000 holds:
My Zukul auto trading bots are still on hold until I see a new up movement for Bitcoin.
Do you think that if we go to $5000 it will be the end of the Bear market?
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Yes, 5000 will be a very strong buying signal to me. I hope for a rally after that like Tone is predicting.
A rally from $5000 to $8500 will be GREAT!
5000 isn't a good signal for a bull. it's a strong indicative for a bear for me.
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