Fundstrat’s Tom Lee predicts that the Bitcoin price can potentially double this year, giving five solid reasons to back it up.
Tom Lee News
Thomas Lee co-founded Fundstrat — an independent research company. A Wall Street strategist who is well known for his positive attitude toward Bitcoin (BTC), Fundstrat’s Tom Lee has commented on Bitcoin’s price many times over the years, sometimes giving specific price expectations. The Bitcoin bull boasts stock market research expertise spanning decades. Lee put in 15 years of work at JPMorgan Chase before Fundstrat.
According to Tom Lee, Bitcoin is only profitable to buy and sell 10 days per year — otherwise, he advises to just buy and hold it. Tom Lee is active on Twitter and has appeared on CNBC many times.
In his latest bullish price forecast, the Fundstrat co-founder told mainstream media that Bitcoin will take 40,000 before the Dow.14317
In an interview with Yahoo! Finance, Lee suggested that technical achievements for BTC/USD paved the way for serious short-term gains.18939
A combination of three critical factors is set to deliver significant gains for Bitcoin investors, predicts Fundstrat Global Advisors.16112
Fundstrat’s Tom Lee believes Bitcoin and other cryptocurrencies will hit major price valuations in the same manner that the tech behemoths did.9764
Having made a big move at the start of 2019, Bitcoin price now needs to consolidate its gains, argues Fundstrat’s Tom Lee.5250
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.9107
Majority of Bitcoin gains come in the “ten best days” each year, says Fundstrat Global Advisors co-founder Tom Lee.16259
Lee adds weight to the broadly popular impression of Bakkt — three days before the hotly awaited Bitcoin futures launch.15214
Fundstrat Global Advisors’ Thomas Lee has argued that a strong macro outlook will provide the tailwinds for Bitcoin’s next bull run.9372
A social media debate turned prickly after Lee rubbished Schiff’s prediction of a $5,000 gold price.13665
Fundstrat market analyst Tom Lee is confident that Bitcoin is a genuine safe haven for investors, predicts potential new all-time high by the end of 2019.11262
Fundstrat Global Advisors co-founder Tom Lee says federal rate cuts in the U.S. are beneficial to Bitcoin, which may retake $20,000 by the year’s end.8785
Fundstrat Global Advisers co-founder Thomas Lee said that the recent Bitcoin pullback is healthy.9721
Fundstrat Global Advisers Co-Founder Thomas Lee suggested that bitcoin’s volatility makes a long-term approach more appropriate for most traders.16117