Veteran trader Tone Vays says that he’s waiting for the best opportunity to buy Bitcoin (BTC) amid the flagship crypto asset’s bearish price action.
In a new video, Vays tells his 121,000 YouTube subscribers that Bitcoin will likely continue its downward trajectory and take out its psychological support at $30,000 unless bulls step up to the plate soon.
“We need to get back into this triangle sometime this month. Otherwise, this is the future. This is the path for Bitcoin. Hopefully it happens, say, next month and maybe it’ll end at around $23,000.”
Source: Tone Vays/YouTube
Glancing at the weekly chart, Vays says BTC looks “absolutely