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Tone Vays: Bitcoin faces “critical day”

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Tone Vays: Bitcoin faces “critical day”

Previously, veteran trader Tone Vays had warned that Bitcoin could well face another trip below the $5,000 in a final spate of “pain” for markets.

In a tweet on Monday, he warned that the current downward trajectory could take BTC/USD 50% lower, but not at the pace seen last week.

“Today is a critical Day for #bitcoin, at the moment we are looking at a new Daily Low Close. This is Bearish,” he wrote.

 

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