Well-known trader Ton Weis believes that Bitcoin should soon complete the correction and continue to grow.
In a new video, Weis confidently talks about the short-term fall of the flagship cryptocurrency as a preparation for aggressive growth. He is confident that once BTC "breaks through the $52,000 resistance, it will quickly reach the $65,000 high."
According to Weiss, Bitcoin will then briefly pull back lower, giving traders the opportunity to buy BTC around the $50,000 level, after which it will begin its rapid bull run.
Analyzing technical partners, Weiss paid special attention to the recent “golden cross” on the chart of the first cryptocurrency. Derivatives trader and analyst Ton Vays has been in the crypto space for almost half his life, and he believes that Bitcoin will soon “approach new local highs and then new historical records.”
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