Tone Vays, the well-known Bitcoin (BTC) derivatives trader, believes Bitcoin will stay above $10,000 for the rest of 2020.
At the start of the year, Vays said he was skeptical BTC would break $20,000 in 2021 but now he thinks it’s possible for the top cryptocurrency to overtake its record all-time high.
If the price of Bitcoin surpasses $20,000 in the medium-term, Vays said history shows it tends to double. Based on the historical price cycles, he said the $45,000 to $50,000 range is a…
… Continue Reading at: cointelegraph.com [source]