Tone Vays
@ToneVays
B
67.9 / 100
Last researched 20 Jul 2026, 04:23 UTC
Tone Vays is a prominent Bitcoin analyst and former Wall Street trader who utilizes DeMark technical indicators. His track record is characterized by highly accurate short-to-medium-term market exhaustion calls, such as identifying the 2017 macro peak and the 2020 post-crash bottom. However, his long-term predictions are frequently hindered by extreme Bitcoin maximalist biases, leading to highly inaccurate calls regarding altcoin capitulations and overly aggressive bull-market price targets.
Calls found
16
Resolved calls
16
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Calls (16)
Bitcoin's explosive growth rate was heading toward a macro target of $100,000 by the end of 2018.
Bitcoin peaked in December 2017 near $19,800 and spent 2018 in a bear market, bottoming around $3,100.
CCN, 'Prominent Bitcoin Trader: Price is Heading Towards $100,000 in 2018'
Warned that the market had printed a 'blow-off top' and that a major multi-month correction was imminent.
This date marked the absolute macro peak of that market cycle, followed by an 84% decline over the next year.
Savionixa, 'Bitcoin could cop a 70% drawdown next bear market'
Predicted Bitcoin would return to $20,000 in 'five to six years' (around 2023–2024).
Bitcoin reached $20,000 much sooner (December 2020), though it did trade comfortably above $20,000 during his projected 2023-2024 window.
CBS News, 'Battered bitcoin fans keep the faith, despite reality of 70% plunge in value'
Predicted Ethereum (ETH) would drop to $0.20 and Bitcoin (BTC) would capitulate down to $1,300.
This coincided almost perfectly with the exact bottom of the cycle. Ethereum bottomed at ~$80 and Bitcoin at ~$3,120.
MMCrypto YouTube Channel, 'Tone Vays: ETHEREUM TO $0.20 & BITCOIN TO $1,300 | INTERVIEW!'
Asserted Ethereum is a centralized scam that is structurally 'gonna lose it to zero'.
Ethereum did not go to zero and instead went on to peak over $4,800 in November 2021.
What Bitcoin Did Podcast (WBD065), 'Tone Vays on Why Altcoins Are a Bad Investment'
Called for an imminent upward breakout from consolidation to target $6,000.
In April 2019, Bitcoin broke aggressively upward, hitting the $6,000 target by early May.
BeInCrypto, 'Tone Vays Believes Bitcoin Will Tip the Scales to $6,000 in Coming Days'
Called for a 30% pullback to $4,000, $5,000, or $6,000, adding that if it fell to $4,000 it would plunge sub-3k.
The deep correction did not materialize; Bitcoin continued to rally through June 2019, peaking near $13,800.
CryptoPotato, 'Tone Vays Expects a 30% Bitcoin Price Pull-Back: No Real Reason For This Rally'
Branded Ripple's XRP as a 'scam' and warned that the SEC would bring 'Thor's Hammer' down on the company, leading to the coin's collapse.
The SEC did file a landmark lawsuit in December 2020, but the coin did not collapse to zero and later rallied to over $1.90 in 2021.
Forbes, 'Ripple's XRP Branded A 'Scam' By Bitcoin Analyst As Lawsuit Row Intensifies'
Predicted Bitcoin would fall back to the $4,000 level in the months leading up to the May 2020 halving.
Bitcoin crashed to a brief low around $3,800-$4,000 during the March 12-13, 2020 COVID panic.
Bitcoinist, 'Tone Vays Stands by $4K Bitcoin Price Pre-Halving Prediction'
Stated that a drop below $2,800 was highly unlikely and that there was a 75% chance the macro bottom was officially in.
The mid-March low of ~$3,850 proved to be the absolute cycle bottom.
The Daily Hodl, 'Crypto Strategist Tone Vays Flips on Bitcoin (BTC), Says Drop Below $2,800 Is Now Highly Unlikely'
Predicted that Bitcoin would fail to break and sustain above the key resistance of $10,000 for the remainder of 2020.
Bitcoin broke above $10,000 in late July 2020 and ended the year near $29,000.
Traders Union / Cointelegraph, 'Tone Vays: Bitcoin Price Won't Break $10,000 This Year'
Expected Bitcoin to reach the $100,000 mark by the end of 2021.
Bitcoin peaked in November 2021 at ~$69,000 and ended December 2021 around $46,000.
Forbes, 'Tone Vays Explains Bitcoin Expectations For Remainder Of 2021, Noting $100,000'
Walked back prior projection, stating that $100,000 by December 31 was now highly unlikely.
Bitcoin continued to slide through the end of the year, confirming the year-end target was missed.
The Daily Hodl, 'Veteran Trader Tone Vays Says $100,000 BTC by End of Year Unlikely'
Predicted that Bitcoin would hit $100,000 and print new all-time highs in 2023.
Correct that the cycle bottom was near (it bottomed in November 2022 around $15.5k), but incorrect on the target, as Bitcoin did not hit $100k or a new ATH in 2023.
Kitco News, 'Bitcoin price to hit $100K in 2023...'
Projected that the next major bull market would see Bitcoin break out to a range of $200,000 to $300,000 by late 2025 or early 2026.
Correctly identified the macro peak timeline (late 2025), but his actual price targets were far too aggressive, overestimating the cycle top ($126,198 in October 2025) by over $70k.
Binance Square / YouTube Strategy Session, 'Veteran Trader Tone Vays Forecasts Bitcoin (BTC) Breakout to $300,000'
Warned of a high likelihood of a long-term decline to under $20,000 if Bitcoin dropped to $25,000.
Bitcoin dipped briefly to ~$25,100 but did not fall below $20,000; instead, this level held and launched a massive uptrend.
Forex Factory / NordFX, 'Tone Vays is convinced: if bitcoin does drop...'
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