Bitcoin Analyst Tone Vays Talks $7,000 BTC/USD and the Price Rise from $4K to $14K Value


Check out the latest update video from prominent Bitcoin community contributor and trading analyst Tone Vays.

He talks about the possibility of $7,000 BTC/USD exchange rate risk on top of what was the main drivers behind the $4,000 to $14,000 rise since April 2019 to now.  He does reference the $9,600 resistance level as a key support area to see if we would dip back that low as the price of bitcoin currently sits at $10,137 with a market dominance of 69%.

coinmarketcapbitcoinpricetoday

He believes much of it is due to altcoin outflow back into Bitcoin and some institutional investor interest mixed in.

A quick look at other traders who have a bearish outlook for bitcoin's momentum:

https://twitter.com/Rhythmtrader/status/1164217458649174016?s=20

Bitcoin’s price is $45,274.66 BTC/USD exchange rate today. The real-time BTC market cap of $843.05 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $16.85 Billion and live coin value change of BTC -3.14 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$45,274.6617 change ~ -3.14%

Coin Market Cap

$843.05 Billion

24 Hour Volume

$16.85 Billion

24 Hour VWAP

$46.08 K

24 Hour Change

$-1,421.91

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