Veteran Trader Tone Vays Says Bitcoin (BTC) Pullback Below $20,000 Now ‘Very, Very’ Unlikely

Veteran Trader Tone Vays Says Bitcoin (BTC) Pullback Below $20,000 Now ‘Very, Very’ Unlikely


Seasoned trader and analyst Tone Vays says that a Bitcoin (BTC) pullback below the key psychological area of $20,000 is now unlikely to transpire.

Vays tells his 123,000 YouTube subscribers that the chances of Bitcoin falling below $20,000 has been drastically reduced after BTC rallied above $22,000 today.

If [Bitcoin] goes back above yesterday’s swing high [$21,650], I think going sub $20,000 now becomes very, very, very unlikely.”

Trending: BREAKING: Brunson Brothers Case Is Back On!

Looking at the weekly chart of Bitcoin, Vays says that one indicator suggests that BTC has more upside potential in the long term.

“The RSI [relative strength indicator] is very, very good. The RSI has plenty of room to the upside. It has not even broken its prior swing high. So the weekly RSI is still barely

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