2018-7-18 21:02 |
Fundstrat Global Advisors’ Managing Partner and Chief Analyst Tom Lee said that the current Bitcoin price is giving a “huge bull signal”.
Tom Lee on Sudden Spike in Bitcoin Price
After a week of trading in the range between $ 6150 and $ 6750, Bitcoin (BTC) 00 broke out, surging past $ 7000 in roughly around five minutes July 17, reaching highs above $ 7500 on some exchanges.
Bitcoin price
While many are still trying to figure out the exact catalyst of the sudden movement in the price of the largest cryptocurrency, Lee says it’s a combination of both TA and positive news.
At the same time, though, he also doesn’t deny the impact of positive news on the price of Bitcoin.
The post Bitcoin Price Chart Shows ‘Huge Bull Signal,’ Says Tom Lee appeared first on Bitcoinist.com.
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