2019-10-5 17:09 |
Bitcoin is positively correlated with the S&P 500 and is not a hedge against macro turmoil, according to Fundstrat Global Advisors co-founder Tom Lee
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Tom Lee, the founder and head of research at FundStrat Global Advisors, has once again vocalized a compellingly bullish forecast for Bitcoin (BTC).
Bitcoin continues to maintain its momentum toward the upward trajectory, touching the $68,000 price mark earlier today, leading to speculations about how long it will take to hit a new peak. Bitcoin To Reach $70,000 In A Matter Of Time With the price action of Bitcoin today, several crypto analysts are bullish about BTC as they believe that the crypto asset could reach a new peak very soon.
What do the billionaires and experts forecast for Bitcoin price in 2024 and beyond? Dive into the predictions that might shape the crypto space in the coming years.
Tom Lee, a prominent cryptocurrency analyst at Fundstrat, recently shared his observations on bitcoin's ability to maintain critical support levels in the face of significant regulatory challenges.
Mixed messages on BTC price action as Fundstrat’s Tom Lee hopes Bitcoin has “already bottomed.”
Coinspeaker Tech Stocks Lead Surge in S&P 500 and Nasdaq on TuesdayThe tech sector continues to push the markets higher on Tuesday along with better economic data coming out of China.
Coinspeaker Bitcoin Price May Explode to $500,000, Says Fundstrat’s Tom LeeFundstrat's Tom Lee said that the price of Bitcoin could surge to $500,000 in the long term, but he failed to mention the exact timeline for such a pie-in-the-sky target to be achieved.