Tone Vays
Resolved (7)
- ✓
On Jan 7, 2025, Vays flipped bullish and announced he was back to fully long in Bitcoin at around $100,000 (after exiting longs Nov 22, 2024 at $97,800), expecting a move to $120,000 and beyond / a new all-time high.
“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. ... setting us up for a move to 120 and beyond.”
Jan 2025 flip to fully long ~$100k expecting $120k+/new ATH; BTC reached $126,296, exceeding $120k and setting a new all-time high as predicted.
- ✓
In February 2024 Vays said Bitcoin could rally to around $48,000 and turn into a 'super bull' situation on consecutive weekly closes above $43,500.
“He suggested Bitcoin could rally to $48,000 and climb higher if it stays above key resistance ... 'consecutive closings above $43,500' would signal a 'super bull' situation.”
Feb 2024 call for a rally to ~$48k and 'super bull' above $43,500; from $43,096 BTC closed above $43,500 and rallied through $48k to a high of $126,296.
- ✓
Vays said Bitcoin very likely bottomed back in November 2022 around the $15,000 range, and that once it breaks $25,000 resistance he becomes incredibly bullish to at least the $30,000-$35,000 area.
“Tone Vays says Bitcoin likely bottomed back in November 2022, when BTC hit the $15,000 price range. ... Once we break all this resistance, I become incredibly bullish on Bitcoin to at least this $30,000 to $35,000 area.”
Said Nov-2022 ~$15k was likely the bottom and he turns bullish above $25k toward $30-35k; the $15,460 low held as the cycle bottom and BTC broke $25k and blew past $30-35k to $126,296.
- ✗
In a March 2023 strategy session, Vays forecast Bitcoin could rally toward an initial target of $200,000 sometime in 2025.
“Looking at the trader's chart, it appears that he thinks Bitcoin could rally toward his initial target of $200,000 some time in 2025.”
BTC's high was only $126,296 through the 2025-12-31 horizon; never reached $200,000.
- ✗
In the same March 2023 session, Vays said that if Bitcoin rallies higher it could reach $300,000 in late 2025 or early 2026.
“Should BTC go higher and rally to $300,000, Vays believes that can happen in late 2025 or early 2026.”
BTC's high was only $126,296 through the 2026-06-20 horizon; never reached $300,000.
- ◐
Vays maintained a bearish mid- to long-term stance, saying he would consider the market turned from mid- to long-term bearish if Bitcoin broke below $35,000, with a worst-case descending-triangle scenario delaying the next bull run into 2023.
“Vays maintained a bearish outlook, stating he would consider markets 'turned from mid- to long-term bearish' if Bitcoin broke below the $35,000 level ... a descending triangle formation (similar to 2018's pattern) that could delay the next bull run into 2023.”
Bearish-if-below-$35k call: BTC did break far below $35k (low $15,460 in Nov 2022) confirming the bearish leg, but the implied delay of the next bull run 'into 2023' was wrong — the bull run resumed strongly in 2023-2024 to $126,296; mixed outcome.
- ✗
Tone Vays believes Bitcoin will reach the $100,000 price level by the end of 2021 (a target he pinned to a tweet on May 30, 2021, and reiterated in August/October 2021).
“Tone Vays believes we are going to see BTC reach the $100,000 price level by the end of 2021.”
BTC's high was only $69,000 through the 2021-12-31 horizon; never reached $100,000.