Tom Lee: Bitcoin’s Move Back to $8,000 Confirms The End of Crypto Winter9.2

There is no doubting that Bitcoin and crypto markets have been on fire recently. Since the beginning of April Bitcoin has almost doubled in price driving market capitalization back over $200 billion again. The ice from the crypto winter appears to have melted and some industry analysts are convinced it is now definitely over.

Fundstrat Global Advisors’ permabull Thomas Lee tweeted his thirteen reasons why the crypto winter is now over. After stating what he described as a ‘disturbing pullback to $6,200’ Lee added that the return to $8,000 was confirmation that the trend is intact.

Original source
https://www.newsbtc.com/2019/05/20/tom-lee-bitcoins-move-back-to-8000-confirms-the-end-of-crypto-winter/

Persons

Add comment

Please Sign in to be able to leave comments.