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Watch: Tone Vays on Bitcoin Narratives, Bear Market, DeFi, NFTs, and Ethereum
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Renowned bitcoin (BTC) analyst, trader, and producer of the Uncofiscatable Conference Tone Vays expects a somewhat shorter and milder crypto bear market compared to the one in 2018 if the price of BTC continues its “slow and steady” climb upwards and there’s no exponential explosion.
“If bitcoin stays under USD 150,000 - USD 200,000 over the next 12 to 16 months - that’s a slow and steady rise, and a slow and steady rise should not have a catastrophic fall,” he told Cryptonews.com in an exclusive interview at the Blockchain Economy Expo 2021 conference in Dubai in November.
In such a scenario, Vays expects BTC to continue rising for another year or two until it declines for a year but at least it wouldn’t be a “catastrophic crash.” However,
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