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Trader Tone Vays Flips Bullish and Goes ‘Fully Long’ on Bitcoin, Outlines BTC Path to New All-Time High

by Daily Hodl Staff
January 8, 2025
in Bitcoin

Veteran crypto trader Tone Vays has flipped bullish on Bitcoin after exiting his BTC long positions in late November.

Vays tells his 290,200 followers on the social media platform X that he exited all of his Bitcoin long positions on November 22nd at $97,800, though he decided to buy back in now that it’s 2025.

[adinserter block="1"]

“Now that the year is over, I am now back to fully long in Bitcoin as of this afternoon at a price of around $100,000.” 

Bitcoin set an all-time high of $108,135 on December 17th.

Vays notes in a new YouTube video that he prefers to see consolidation this week.

“I would rather see us close this week at 98,99. I would rather see us close next week at 101, giving me a green star candle the last week of January, or the week of January 20th a green star breaking 101, 102, setting us up for a move to 120 and beyond.

So that’s what I want to see. Doesn’t mean I’m going to get that, okay? But that’s kind of what I’m prepared for.”

Bitcoin set an all-time high of $108,135 on December 17th.

BTC is trading at $97,149 at time of writing. The top-ranked crypto asset by market cap is down more than 5% in the past 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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