Bitcoin under $7K: now Comes the multi-year bear market, such as Trader Tone Vays believes?

That Tone Vays hits bearish forecasts, is so far nothing New. After the bitcoin crash below $ 7,000, the celebrity Trader goes very far in his prediction: Soon, the best time to buy the Dip and for the next few years, so Vays.

A year is waiting for us a long bear market?

Tone Vays is a popular, but also controversial crypto-Trader. Some tend to be trading his Calls counter, so the opposite of to trade what he recommends. However, Vays has shared a new bearish Bitcoin prognosis, he claims that it will be the best buying opportunity.
On Twitter Vays writes to his followers that Bitcoins $ 7,000 support level will collapse soon. He claims that soon the best “Buy the Dip”opportunity comes for years.

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The reactions to the Tweet were different. Some of the features a Bitcoin price of $5K.

Others, however, were not convinced of the prognosis. “This is not 2018 Mr. Vays,” writes Krew Montice (@KrewbaccaxR). Other answers point to the fact that Tone Vays is in his predictions since 2010, usually incorrectly.

At the end of October Vays predicted that Bitcoin would fall to the “low-7.000 $”. However, the exact opposite happened. Already the next day, Bitcoin showed one of the strongest days of candles for years and reached nearly $ 10,000, starting from a Low of $ 7,500 on 26. October.
Given Vays of previous forecasts, one can say with certainty that it is his current call to a coin toss. Bitcoin has stabilised in the last few days, at a price of $ 7,000, although the market sentiment was bearish.
It seems that both a strong movement up or down would be possible. Many analysts believe that this movement is the bitcoin price action in the coming weeks and months will determine.
In November Vays was involved in a Hack, the information about BitMEX to the Public are reached. Hackers could find out the personal E-Mail address of the trader and information on many other BitMEX-user. The stolen information has not been previously used for fraudulent purposes (as far as we know).

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