In the latest YouTube post on October 14, popular trader and cryptanalyst Tony Weiss was optimistic about Bitcoin's prospects. In his opinion, there is no particular reason to expect a significant pullback after the rapid rise in prices last week. I would like to buy a bottom or a breakout, but I don't know what exactly will happen, ”he summed up. “So, if I buy a bottom, where is the perfect bottom? Well, the ideal bottom would be ... about $ 11,000. "
Weiss is inclined to continue the growth and recommended not to sell the current correction.
According to him, the trend towards $ 11,000 may well be interrupted, in which case the range from $ 11,537 to $ 11,570 (two highs of the previous daily candles) will become a suitable zone for buying.