Veteran Trader Warns Bitcoin Could Correct to $30K, Will Wait to Buy Until Prices Clear $44K
• Veteran trader Tone Vays warns that Bitcoin could undergo a much bigger correction, potentially dipping to the mid-$30,000 range • Vays says he'll remain on the sidelines with cash until Bitcoin breaks above key moving average levels of $44,000 • Possible support levels if Bitcoin falls are $39,000 or $36,000 - the 2021 low • Vays doesn't anticipate the pre-Halving dump happening yet - it usually occurs closer to the event itself • Vays sees $30,000 as an absolute bottom for Bitcoin, barring any catastrophic events