Until Bitcoin Moves Above $20,000, BTC At $1,000 Is Still Possible6

At long last, Bitcoin (BTC), in the eyes of many investors and analysts, is finally in a “bull market”. As Fundstrat’s Tom Lee noted in a recent tweet, BTC rebounding by $1,800 off the Bitstamp crash, the Misery Index passing 89, growth in on-chain transactions and volumes, and Bitcoin’s chart forming a golden cross are just some of the reasons why “crypto winter is over”.

Some aren’t all too sure though. Leah Wald, a former economist for the World Bank and a popular cryptocurrency analyst, recently took to Twitter to explain why Bitcoin could still see new lows in this cycle. It sounds crazy, but hear her out.

Original source
https://www.newsbtc.com/2019/05/22/until-bitcoin-moves-above-20000-btc-at-1000-is-still-possible/

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