BTC at 5k has everyone happy, but Tone Vays thinks 1.3 k is a realistic target

The sudden rise in bitcoin prices (BTC) and the stimulus it has generated for the cryptographic ecosystem have sparked the enthusiasm of traders and badysts' losers. Many argue that bitcoin is at a low ebb and that it is very likely that the next significant trend will be rising prices.

However, in the midst of this collective euphoria, Tone Vays, a well-known and influential marketer of Bitcoins, is quite unenthusiastic, suggesting that this rise is only a momentary phenomenon.Mr. Vays said in an interview with YouTube channel Ivan on Tech:

Now that we've reached the 5 km mark, I'm trying to find the right opportunity to try to sell the market again because I think we're going to go down. I am still a bear in this market and I still think that prices below $ 3,000 are more likely than above $ 10,000 at the moment.

Tone Vays has been a controversial person in the world of crypto, especially in the Bitcoin ecosystem. Despite being quite bearish, he also strongly supports technology, defending Bitcoin in several debates and conferences.

Vays explained that in 2018 he had created three danger zones. Of these, the price of 1.3k per Bitcoin is not what it expected, but rather an extreme prediction. However, he explained that it is quite possible to reach the lowest of all time. Mr. Vays believes that the bear market is not over yet:

"My worst case scenario is $ 1,300. This is not to say that Bitcoin has to achieve this, but for me, $ 1,300 has been a realistic goal for over a year and remains a realistic goal.

Mr. Vays explained that during the bear market of 2018, he had 3 "warning zones", the most optimistic, the 3k, the 3k as intermediate zone and the 1.3k as the worst thing that can happen. He also explained that he did not think that the BTC would reach levels below 1k.

Currently, Bitcoin is stable around 5k for the whole week, fluctuating in an area bounded by 4.7 and 5.1k; However, the long-term charts indicate an unusually high RSI, which can generate some alerts for a possible mbad sale in a few days. The situation is still too complex to forecast with a certain level of confidence. But it is important that BTC is currently in a price zone that has not been experienced since last year:

Complete interview available here: