Tony Weiss: “I will buy bitcoin at around $ 6,400”

Popular cryptocurrency analyst and trader Tone Vays believes that soon the firstcryptocurrency expects noticeable growth.

Bitcoin tested the level on Friday.resistance of $ 7,100 and rolled back to $ 6,700. However, according to Weiss, the pullback is insignificant and this is only a set of positions for further growth. He noted that now there is a classic bullish reversal pattern.

"I wouldn't be surprised if this ascending trianglewill be broken by the end of April. As usual, all traders will be disappointed in Bitcoin's potential and then a breakout will follow. I will be accumulating positions at $6,300-$6,400 each time we return to them. Bitcoin could rise tomorrow or even tonight,” Weiss said in the latest episode of his Trading Bitcoin program.

In mid-March, Weiss said that $3,700 was the low point for Bitcoin. At the same time, he did not rule out that the rate of the first cryptocurrency could drop to $5,000.

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