Quick take
1 minute read
- Currently, the bitcoin price is valued at $11,400 at the time of writing following a 0.09% decrease over the past 24 hours.
- Over the past few weeks, we have seen a slight, but not much, volatility within the industry specifically targeted at bitcoin and with this in mind, the popular analyst on Twitter Tone Vays has said that now is the perfect buy in time.
Currently, the bitcoin price is valued at $11,400 at the time of writing following a 0.09% decrease over the past 24 hours. Over the past few weeks, we have seen a slight, but not much, volatility within the industry specifically targeted at bitcoin and with this in mind, the popular analyst on Twitter Tone Vays has said that now is the perfect buy in time.
Earlier this week on the 14th of October, the analyst took part in the latest edition of his trading bitcoin YouTube series where he presented a bullish take on the future of the price of bitcoin. The analyst highlighted that there was little to no reason for anyone to predict, or expect, a significant pullback beyond a 1 to 4 candle correction.
Before we go any further though, it’s worth saying that we aren’t financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe!
“I would be looking to buy the dip or buy the breakout, but I don’t know which one it’s going to be… So if I am to buy the dip, where would the perfect dip be? Well, the perfect dip would be... around $11,000.”
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