Traders and analysts Tone Vays: currency prices callback to $20000 below the possibility is very low

Blog Chain Finance 2023-01-24 05:14:10 阅读数:297

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BroadChain learned that on January 23, according to The Daily Hodl, trader and analyst Tone Vays said that the price of Bitcoin has recently rebounded to 22,000A pullback below the key psychological zone of $20,000 is now unlikely after the greenback has moved above.

Tone Vays said that according to the weekly chart, an indicator shows that Bitcoin has greater upside potential in the long-term.

"RSI indicator data is very, very good, RSI has enough room to rise, it has not even broken the previous swing high. Therefore, the weekly RSI is still barely bullish."

Tone Vays also believes that when the price of Bitcoin falls below $16,000 in November 2022, it may have reached the bottom of the bear market.

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