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Tone Vays: I expect the bitcoin crash to $ 5000

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A well-known trader and analyst  in the cryptocommunity, Tone Vays, revised his bitcoin price short-term forecast, taking into consideration the "damaging" factor associated with the approaching hardfork SegWit2x. According to him, the first cryptocurrency will correct to the level of $ 5000.

Earlier Vays shared in Twitter forecast, where he said that bitcoin could reach $ 6,900 before November 5, but his forecast has confirmed a little earlier. So, today, on November 2, at the popular Bitfinex exchange, the bitcoin price reached to $ 7350.

Recall that earlier an analyst at the hedge fund Morgan Creek Capital Management, Mark Yusko, expressed the opinion that the price of bitcoin could grow to $ 1 million in long term.

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