COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin’s Potential Breakout: Tone Vays Predicts Surge If Key Resistance Turns Support
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Bitcoin’s Potential Breakout: Tone Vays Predicts Surge If Key Resistance Turns Support
Bitcoin (BTC)

Bitcoin’s Potential Breakout: Tone Vays Predicts Surge If Key Resistance Turns Support

In Brief

  • Tone Vays anticipates a Bitcoin rally if resistance becomes support.

  • He suggests a possible rise to $48,000 after breaking resistance.

  • Vays sees $50,000 as a trigger for a significant upward momentum.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Popular crypto analyst and trader Tone Vays has declared that he expects Bitcoin (BTC) to make a strong move upwards if it can turn a significant resistance level into support and maintain above it. The analyst further stated that if this scenario plays out, he would become one of the biggest Bitcoin bulls.

Contents
Analyst Sets Launch Threshold at $40,000 Level“Real FOMO to Be Triggered After Surpassing $50,000”

Analyst Sets Launch Threshold at $40,000 Level

Experienced crypto analyst Vays, in his latest strategy session on his YouTube channel, told his subscribers that Bitcoin is trading in a very tight range, but should it break the resistance level ahead, a rise to $48,000 could be on the cards, saying:

We could start rallying very soon in a perfect scenario. If we rally, we would return above the $44,000 level. Then, we would pull back to the bottom of the range, around $40,000, scare a lot of investors by touching the 128-day moving average at $40,000, and then begin the rally.

Or we could just continue to consolidate and move sideways around the 128-day moving average.

According to the analyst, BTC will switch to the “super bullish” side once it starts making candle closings above $43,500, emphasizing that this would be a significant sign of the largest crypto preparing to exit its range.

“Real FOMO to Be Triggered After Surpassing $50,000”

Vays had previously expected Bitcoin to gain strong upward momentum by the end of December 2023 if it surpassed $50,000, but this did not materialize. According to the analyst, investors who have pulled out of the market will likely start chasing the largest crypto around this level, ultimately serving as fuel for a stronger rally:

After surpassing $50,000, the only other critical level to overcome is $65,000. If we break above this level, we will set a new record. I believe if Bitcoin surpasses the $50,000 level, the current FOMO will dissipate. The ultimate FOMO will erupt, and everyone will start buying in a hurry.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Bitcoin Breaks Records While Companies Rush to Acquire More

Bitcoin Surges as Strategic Catalysts Propel New Peaks

Bitcoin Shatters Record: Experts Predict Explosive Price Movements and Altcoin Impact

The Rise of Bitcoin: From Pizza to a Billion-Dollar Phenomenon

Massive Capital Flows into Bitcoin ETFs Drive Unprecedented Rally

COINTURK NEWS 6 February, 2024 - 2:39 pm 6 February, 2024 - 2:39 pm
Share This Article
Facebook Twitter
Share
Previous Article Expert Analysts Unveil Jaw-Dropping 2024 Price Predictions: Cardano (ADA), KangaMoon (KANG), and Arbitrum (ARB)
Next Article Bitcoin Price Struggles and Altcoin Predictions
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Breaks Records While Companies Rush to Acquire More
Bitcoin (BTC)
ECB Warns of Stock Market Risks Amid Global Trade Tensions
Economy
Bitcoin Surges Past Resistance: Analyst Foresees New Heights
Technical Analysis
Kraken’s New Service Empowers Global Investors with Tokenized U.S. Stocks
Solana (SOL)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?