Seasoned trader and analyst Tone Vays says that a Bitcoin (BTC) pullback below the key psychological area of $20,000 is now unlikely to transpire.
Vays tells his 123,000 YouTube subscribers that the chances of Bitcoin falling below $20,000 has been drastically reduced after BTC rallied above $22,000 today.
“If [Bitcoin] goes back above yesterday’s swing high [$21,650], I think going sub $20,000 now becomes very, very, very unlikely.”
Looking at the weekly chart of Bitcoin,…
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