Bitcoin price dropped even further November 23, but the lows did not stop one analyst turning bullish on Bitcoin’s short-term future. ‘Punishing Traders’ In his most recent market analysis, veteran commentator and trading guru Tone Vays described BTC/USD trending further towards $4000 as “punishing over-leveraged traders.” “I still think this is a scare; I still think the environment right now is unreasonably bearish,” he commented as part of a YouTube broadcast analyzing hourly price behavior.Read MoreThe post Bitcoin Price Drops Again, But Tone Vays ‘Still Short-Term Bullish’ appeared first on Bitcoinist.com.
