Renowned cryptocurrency trader Tone Vays has shifted his stance on Bitcoin to bullish after closing his long positions in late November.
Vays informed his 290,200 followers on X that he decided to exit all of his Bitcoin long positions on November 22nd at a price of $97,800. However, he has now re-entered the market as it’s now 2025.
“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 reached an all-time high of $108,135 on December 17th.
In a recent YouTube video, Vays expressed his preference for seeing consolidation in the market 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.”
As of the time of writing, Bitcoin is trading at $97,149. The leading cryptocurrency by market cap has experienced a decrease of more than 5% in the past 24 hours.
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