HomeBitcoinVeteran Trader Tone Vays Forecasts a Bitcoin (BTC) Breakout to $300,000 –...

Veteran Trader Tone Vays Forecasts a Bitcoin (BTC) Breakout to $300,000 – Here’s His Timeline


Experienced trader Tone Vays believes that Bitcoin (BTC) could be preparing for a massive eruption to the six-figure level and reach $300,000.

In a new strategy session, Vays tells his 123,000 YouTube subscribers that Bitcoin could explode 792-1,238% from current prices in the next bull market.

“So this is my projection. There are two ways. We can get to this line [diagonal resistance] twice as we did in the last loop [2021]. [Or]we can hit this line once near the end like we did in the previous loop [2017]. If we reach it near the end, we’ll go higher [$300,000]. If we hit him twice, we’re going down [$200,000].”

Personally, I prefer [we] hit him twice. I’m tired of Bitcoin being so cheap.”

Source: Tone Vays/YouTube

Looking at the trader’s chart, it seems that he believes that Bitcoin could rally towards its initial target of $200,000 sometime in 2025. If BTC goes higher and rises to $300,000, Vays believes that may happen in late 2025 or early 2026.

In the short term, however, Vays believes that Bitcoin’s pullback is not over yet.

“He [previous] The week ended poorly, which at this point sets us up for a pullback to the long-term moving average and $20,000.”

At the time of writing this article, Bitcoin is trading at $22,490.


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Featured Image: Shutterstock/Monarch Art/WhiteBarbie


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