Tone Vays, Bitcoin Price Analyst, Called the "Top" of the Last Bitcoin Bull of $ 7500
monthly charts, Vays, which correctly predicted Bitcoin's skyrocketing cycle for a month, said it would be "very difficult" to support continued growth.
"I think we have exceeded" on the performance of the last five weeks.
I just explained my call TOPBitcoin at $ 7,500 BTCUSD. Good or bad troll are / will be in full force! https://t.co/ngyRXwjQwr
– Vones Tone [#NO2X] (@ToneVays) Nov 6, 2017
Noting significant growth over the past week, Vays has concluded that although # 39, it imitated a similar surge in May, it was highly unlikely that this dynamic is maintained.
"The monthly claims a peak, the weekly still calls for four weeks of increase," he said, citing the SegWit2x rigid fork as the main obstacle to progress.
[19459005TheimminentsplitoftheBitcoinchainhasbeenraisingpricevolatilitywarningsforseveralmonthsIntheimmediatefutureVayssaysthat"nooneshouldbesurprised"byacorrectionofseveraldaysthatisalreadyunderway
Prices reached historic highs to return to $ 7,200, with a "revaluation" later in the week, not necessarily signifying further hikes or new highs.
Rival Bitcoin In the meantime, liquidity continues to grow from $ 600 to over 3.5% in 24 hours to reach the allotted time.