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Saturday November 23, 2024

Bitcoin’s value can 'shoot past $355K'?

Tone Vays, a finance expert YouTuber, says that Bitcoin (BTC) is set to top during this market cycle

By Web Desk
March 06, 2024
Tone Vays gestures for a photo with the logo of the Bitcoin. — Tone Vays/File
Tone Vays gestures for a photo with the logo of the Bitcoin. — Tone Vays/File

Tone Vays, a finance expert YouTuber, says that Bitcoin (BTC) is set to top people's expectations during this market cycle, according to The Daily Hodl.

He predicted in the March of 2023, that Bitcoin would increase to $200,000 next year.

Bitcoin is in a place to rise well above its target and experience a longer bull market, according to Vays's strategy session for his 122,000 YouTube subscribers.

“What does it mean now that we have the ETFs? It means that we are likely going higher than I anticipated. We could make the bull market go longer than I anticipated. Or the most beautiful combination of all, we go higher and longer. It’s going to be obviously one of those three…," he said.

"Once we break $84,000-$85,000, even if we break it next week, I think it’s going to be very difficult for Bitcoin to ever go below $65,000 again. Maybe I’m being a little too optimistic."

"I think this time is going to be a little different. I think Bitcoin is going to surprise people to the upside because all those people who were wrong last time about Bitcoin going to $250,000 or $300,000, this time those seem to be the reasonable projections,” he added. 

Meanwhile, his chars suggested that the crypto asset's value could jump pas $355,000 by April 2027.