Just like that, mainstream media outlets have come out of the woodwork to cover Bitcoin and cryptocurrency. While such platforms often bring on cynical bears, entrenched in traditional finance, to bash the crypto narratives, today, CNBC called on Fundstrat Global Advisors’ resident BTC cheerleader Tom Lee to talk. And, surprisingly enough, Lee was, well, optimistic. But can you blame him? Bitcoin is up over 80% in the past six weeks after all.
Like him or not, Fundstrat’s co-founder, Tom Lee, is persistent when it comes to being bullish on Bitcoin. Throughout the bear market, he was laughed at for touting bullish narratives, at many times claiming that the only route for Bitcoin was up.