Tony Weiss: "I'll buy a bitcoin at $6,400."

Tony Weiss:


   Popular cryptovite analyst and trader Tone Vays believes that the first cryptovite will grow noticeably soon.



On Friday, Bitcoin tested resistance at $7,100 and rolled back to $6,700. However, according to Vays, the pullback is insignificant and is only a set of positions for further growth. He noted that there is now a classic bullish reversal pattern.


"I wouldn't be surprised if this upward triangle is broken by the end of April. As usual, all traders will be disappointed in the bitcoin potential and then the breakout will follow. I will accumulate positions at $6,300-$6,400 every time we go back to them. Bitcoin can grow tomorrow or even tonight," Weiss said in the next issue of his Trading Bitcoin program.


In mid-March, Weiss said the $3,700 mark was the lowest for Bitcoin. However, he did not rule out that the rate of the first crypt-currency could fall to $5,000.



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