• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

2025-06-09

Bittensor: The Next Bitcoin? TAO Price Prediction REVEALED!

2025-06-08

Massive Spending Bill = Crypto Boom? Let’s Break It Down

2025-06-06

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    2025-06-09

    What Is Crypto Staking? How to Earn Crypto by Holding It

    2025-06-05

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    2025-06-05

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    2025-06-02

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    2025-05-30
  • Videos

    Bittensor: The Next Bitcoin? TAO Price Prediction REVEALED!

    2025-06-08

    Massive Spending Bill = Crypto Boom? Let’s Break It Down

    2025-06-06

    Why Elon & Trump Are Fighting Over Bitcoin!

    2025-06-06

    Bitcoin and Crypto ROCKED By Unexpected Fued

    2025-06-05

    ELON vs TRUMP: Will Bitcoin Be the Winner?

    2025-06-05
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Analysis»Veteran Trader Says Bitcoin ‘Very, Very Clearly’ Choosing Path of Extended Bull Market – Here’s His Outlook
Analysis

Veteran Trader Says Bitcoin ‘Very, Very Clearly’ Choosing Path of Extended Bull Market – Here’s His Outlook

2023-05-21No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Seasoned trader Tone Vays believes that the recent Bitcoin (BTC) correction is setting up the crypto king for an extended bull cycle.

In a new strategy session, Vays tells his 123,000 YouTube subscribers that Bitcoin’s current consolidation is a signal that BTC is likely following a path that leads to an extended bull market.

In March, Vays predicted that Bitcoin could either witness a parabolic rally to $60,000 this year and top out at $200,000 sometime in 2025 or continue to consolidate for the rest of the year before rallying toward his higher target of $300,000.

According to Vays, Bitcoin is now clearly showing that it wants to go through a prolonged bull market that could propel the crypto king to as high as $300,000.

“We continue to consolidate. It’s continued to be frustrating. I’ve been a Bitcoiner, and it’s very, very clear that Bitcoin is choosing the purple path.

I have two paths for Bitcoin. One was a little more bullish with a lower top ($200,000), and the other was a little more bearish with a higher top ($300,000) a little further down in time.”

Source: Tone Vays/YouTube

As for his near-term outlook on BTC, Vays previously said that Bitcoin will probably rally to $34,000 due to the fact that the halving is less than a year away.

“The probability of a random swing to the upside where we go straight to $34,000 is way higher than a random crash to the downside where we’re hitting $22,000.

Like we’re sitting here at $27,000 so to get to $34,000 that’s $7,000… to go down $5,000.

I think plus $7,000 is a lot more likely than down $5,000 from here. I just think the downside is very limited, very limited.”

See also  German Government Resumes Bitcoin Selling Spree, Currently Holding Less Than 4,000 BTC

At time of writing, Bitcoin is trading for $27,249.

I 

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

Bitcoin Bull Choosing extended Heres market Outlook path Trader Veteran
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bittensor: The Next Bitcoin? TAO Price Prediction REVEALED!

2025-06-08

Why Elon & Trump Are Fighting Over Bitcoin!

2025-06-06

Bitcoin and Crypto ROCKED By Unexpected Fued

2025-06-05

ELON vs TRUMP: Will Bitcoin Be the Winner?

2025-06-05
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Regulation

Democrats Say Republicans Giving Crypto and Wall Street a ‘Handout’ With New Digital Asset Market Structure Bill

2023-07-23

A newly-introduced crypto bill is causing a stir among US lawmakers as Democrat members of…

Regulation

Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners

2024-02-22

House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden…

Analysis

Bitcoin Price Consolidates Rally and Primed To Surge Toward $45K

2023-12-07

Bitcoin price started a strong increase above the $42,000 zone. BTC is now consolidating gains…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

2025-06-09

Bittensor: The Next Bitcoin? TAO Price Prediction REVEALED!

2025-06-08

Massive Spending Bill = Crypto Boom? Let’s Break It Down

2025-06-06

Why Elon & Trump Are Fighting Over Bitcoin!

2025-06-06
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,480.06
ethereum
Ethereum (ETH) $ 2,579.88
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.30
bnb
BNB (BNB) $ 659.59
solana
Solana (SOL) $ 156.47
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.187478
tron
TRON (TRX) $ 0.285793
cardano
Cardano (ADA) $ 0.68338
bitcoin
Bitcoin (BTC) $ 108,480.06
ethereum
Ethereum (ETH) $ 2,579.88
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.30
bnb
BNB (BNB) $ 659.59
solana
Solana (SOL) $ 156.47
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.187478
tron
TRON (TRX) $ 0.285793
cardano
Cardano (ADA) $ 0.68338