853: VETERAN TRADER UNVEILS ‘REALISTIC’ BEARISH BITCOIN PRICE TARGET, WARNS CRYPTO COULD BE IN TROUBLE!!

25:04

Access AI content by logging in

Seasoned cryptocurrency trader Tone Vays warns Bitcoin (BTC) traders that the king crypto is at risk of igniting another sell-off event. “We are below all the moving averages… The [200-day] moving average is about to start declining. That is not a good sign… This is a bad-looking daily chart. If this candle closes below $38,500, it is pretty bad… This arrow [pointing to $25,000] is somewhat realistic… There is a possibility of a snapback to the [50-day] moving average… We may be double bottoming again with $36,500 and then from there, this disaster can occur.” Learn more about your ad choices. Visit megaphone.fm/adchoices