Veteran crypto trader Tone Vays has changed his tune on Bitcoin, going “fully long” after previously selling his holdings.
From Bear to Bull
Vays, known for his large following on X (formerly Twitter), revealed that he sold all his Bitcoin in late November at around $97,800. However, he’s now back in the game, buying back in at roughly $100,000. This shift comes after Bitcoin hit a record high of $108,135 in mid-December.
Vays’ Bitcoin Price Prediction
In a recent YouTube video, Vays outlined his optimistic outlook. He’s hoping to see Bitcoin consolidate this week, ideally closing around $99,000. His ideal scenario involves a strong close above $101,000 by the end of January, setting the stage for a potential climb towards $120,000 and beyond. He stressed that this is just his prediction, and the market could move differently.
Current Market Conditions
At the time of writing, Bitcoin is trading around $97,149, down over 5% in the last 24 hours. This drop doesn’t seem to deter Vays’ bullish sentiment.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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