Tone Vays Shared His Bitcoin Price Target

Famous analyst Tone Vays shared his Bitcoin price target. Vays said that Bitcoin has reached the bottom and the increase will begin soon.

The price of Bitcoin, which managed to increase its value more than double by performing a very good in 2021, has recently decreased significantly with the Evergrande FUD from China and the regulation concerns from the USA. Finally, Bitcoin, which recorded its ATH with $ 69,044 on November 10, has been trying to stay above $ 60 thousand since that day. As such, the debate on whether the bull season in Bitcoin is over continues. A significant majority in the crypto community predicts that the leading cryptocurrency will rise to the price level of $ 100,000 by the end of the year. However, the unexpected drop in November, when expectations were quite high, came as a surprise to everyone. Tone Vays, one of the leading analysts, stated that Bitcoin has already bottomed out with this decline and is now ready to rise. Tone Vays said, “I believe in the fact that the bottom is coming and we will surpass $70,000 in Bitcoin in the next few weeks.” On the other hand, Tone Vays predicts that Bitcoin will reach a price tag of $ 100,000 in the first quarter of 2022.     Source: Donanim Haber