Tag Archives: Tom Lee

Over the past few years, Fundstrat’s Tom Lee has gotten quite the reputation for predicting where bitcoin’s price will go. He’s been off here and there, which has likely gotten a lot of people to lose faith in his words but considering that bitcoin has been on a heavy bull run over the past few months, his recent prediction is likely hitting home for a lot of digital traders and enthusiasts.Tom Lee Is At It Again with BTC PredictionsThus far, bitcoin has risen by roughly 300 percent since the...

As BTC looks to end 2020 with massive gains of about 300%, Fundstrat’s Tom Lee believes that next year will be even more bullish for the cryptocurrency. Lee predicted that bitcoin could skyrocket by more than 300% from this point in 2021, which will take the asset into a six-digit price territory.Tom Lee Sees Massive Gains for BTC in 2021Bitcoin entered the new century with a price level of about $7,200. Despite highly volatile periods, including a vigorous dip beneath $4,000 in the mid-March...

The total market capitalization has lost about 4 billion of its value in the past few hours, and the question is if this is simply a correction or a trend reversal.At the same time, the precious metal market continues to soar with record gains, particularly silver.Crypto Market Retraces By $4BVolatility returned to some extent for Bitcoin this week. Following weeks of stagnation, BTC firstly broke the resistance at $9,300 and then continue towards conquering $9,500.Bitcoin’s intraday high...

Tom Lee, Gründungsmitglied des Investmentfonds Fundstrat, erklärte, dass Investoren den Preis für Bitcoins in die Höhe treiben, wenn die Kryptowährung groß genug wird. Auf der Coingeek-Konferenz 2020 erläuterte er in seiner Rede außerdem, dass der Krypto-Markt nach wie vor „winzig“ sei. Im Verhältnis zu traditionellen liquiden Mittel beträgt der Krypto-Anteil lediglich 0,1 Prozent und sei demnach...

Fundstrat’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.Bitcoin and its value have been a topic of discussion for many in recent years. Tom Lee, the head of research at the Fundstrat Global Advisors, said that the Bitcoin price could surge to half a million dollars in the long term. Nonetheless, he did not mention the exact timeline for such a pie-in-the-sky...

The BTC chart shows a “golden cross” occurrence which demonstrates that the Bitcoin price can shoot over 150% from the existing levels in the next six months.On Tuesday, February 18, Bitcoin price has successfully managed to pull-back above $10,000 levels covering its weekend losses. The 24-hour chart on CoinMarketCap shows that the Bitcoin price changed the direction from $9630 surging northwards and adding over $500 in just a few hours.At press time, Bitcoin is trading 2.79% up at a price...

Bitcoin price is hot, with analysts enrolling their opinions regarding future movements. Let’s take a look at them: will BTC reach $12,000 or will it fall?Market analyst JC O’Hara from the MKM Partners considers Bitcoin as the asset exiting bear trend zone. Bulls will lead the asset directly to 12,000 price level, according to what JC said on “Trading Nation” by America’s largest financial news network CNBC.About two months ago, the trader was thinking that the Bitcoin price won’t be jumping...

As Bitcoin is ranked among the top hot topics by Weibo in China, analysts think the popularity will catalyze its market price to $40, 0000. However, BTC dominance is down in the $300B crypto market.Bitcoin popularity has spiked in the last few days especially in mainland China, where a popular social media platform, Weibo, ranked it among the top most searched topics in China. The popularity spike is attributed to social disruption caused by the coronavirus outbreak that has ravaged the...

Tom Lee is at it again with his price predictions. The Fundstrat analyst is predicting $40,000 for BTC by the end of 2020, but is it possible he’s on track this time?Lee Is Back to His Old SelfLee has always been there to remind the world of how solid bitcoin is. No matter what it’s going through, no matter how many drops it incurs, Lee is there to tell us about its greatness. He’s confident it’s the future of finance, but his price predictions have left some wanting.For example, 2018 was a...

Bitcoin is on a roll, today. The currency has rebounded from its recent drop to surge by roughly $500. At the time of writing, it is trading for over $10,300, marking a new high for the year.Bitcoin Has Set a 2020 RecordThe asset has undergone a period of hardcore change since 2020 began. It initially began the year trading at a measly $6,900, the lowest it had been in approximately one month. From there, it rose by $400 to reach $7,300 following political tensions between the United States...