Tony Weiss: “I will buy bitcoin at around $ 6,400”
Popular cryptocurrency analyst and trader Tone Vays believes that the first cryptocurrency will soon see significant growth.
On Friday, Bitcoin tested the resistance level of $ 7,100 and rolled back to $ 6,700. However, according to Weiss, the rollback is insignificant and this is just a set of positions for further growth. He noted that now there is a classic bullish reversal pattern.
“I won’t be surprised if this ascending triangle is broken by the end of April. As usual, all traders will be disappointed in the potential of bitcoin, and then a breakthrough will follow. I will accumulate positions at $ 6,300- $ 6,400 each time we return to them. Bitcoin can grow tomorrow or even tonight, ”Weiss said in the next release of his Trading Bitcoin program.
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In mid-March, Weiss said the $ 3,700 mark was lower for Bitcoin. At the same time, he did not rule out that the rate of the first cryptocurrency could drop to $ 5,000.