Legendary Bitcoin trader Tone Vays breaks down the possibilities for BTC price movement. And although all the signals are bullish, Tone, unsurprisingly, favours a pull back maybe around $7k by mid-August.
Tone says, even though all signals are above the moving averages, it would be a much stronger breakout if it were to hit support around $7k, and then set off on a rally.
A Bitcoiner since 2017 and a Bitcoin Maximalist since 2018, Tommy is our main writer and editor at Bitcoin Maximalist. Other than researching and writing about Bitcoin, Tommy loves spending time with his family and supporting his beloved Leeds United.