Experienced cryptocurrency trader and analyst, Tone Vays, says bitcoin will cost $120,000. He also predicts when the increases may come to an end. Bitcoin at $120,000 In a new video, Vays told his subscribers that bitcoin is close to reaching the $80,000 level. After that, an attack on higher regions - around $120,000 - awaits. The analyst even gave specific dates. - Bitcoin is currently at a brand new weekly all-time high. This is absolutely incredible. We haven't been able to break through the record peak on the swing top, which was $61,769 [BTC is currently at over $64,000 - note bitcoin.co.uk] (...), but the close is very important. It's extremely important. I know it's a '24/7' market, but I'm a TA (technical analysis) guy and to me, the close is important, and to close at a new record high every week makes me really, really optimistic," he said. He added that his "target is in the lower $80,000 range. - I would be happy exiting my trades in the mid-$70,000 range, and the slower we get there, the more bullish I remain. The faster we get there, the more I will wait for dips," he added. Are we in for a deep correction? Although Vays is short-term bullish on Bitcoin, he expects a serious price drop before the world's leading cryptocurrency asset takes a giant leap in terms of its price. - I now expect another six weeks of growth. Can we get to $120,000? Can we double the price in the next six weeks? Yes. (...) But I think somewhere in the next four to five weeks we will peak and the declines will start," he added. You can always check the current exchange rate of bitcoin and other cryptocurrencies at bitcoin.co.uk. Places where you can buy BTC and other coins include the BitBay.net cryptocurrency exchange. If you don't have an account on BitBay yet, this article will show you how you can create one efficiently: LINK. Tags bitcoin btc btc price bitcoin exchange rate btc exchange rate
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