Experienced crypto trader Tone Vays, bitcoin He stated that after the consolidation in the price, it can continue the uptrend.
Tone Vays noted that despite BTC offering a “bottom price,” it should show a sign of strength. The trader believes it is important to remove immediate resistance in the current situation.
He believes it is a bullish time for Bitcoin. If you look at the weekly chart, it is not possible to see enough rise. But I represent power. So I prefer new highs and breaks
Tone Vays claimed that the Bitcoin price could finally rise to the highest level of the year once it breaks above $30,000. There is still some time left on the weekly scale, according to the analyst. If $30,000 is surpassed, there is a strong resistance near $34,000.
The trader drew attention to the importance of an area he named “Lucid SAR” at the $30,000 level. The Lucid SAR is a directional trend indicator that is a variation of the parabolic SAR. It combines price and time to calculate trends and spot entry and exit points.
You can follow the current price action here.