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Tom Lee: Like FAANG Stocks, BTC Will Hit $25K Due to ‘Network Value’

News Fundstrat’s Tom Lee believes Bitcoin (BTC) will accrue price value following a similar logic to the Silicon Valley tech titans. During an interview for CNBC’s Street Signs Asia on show on Nov. 15, Lee argued that cryptocurrencies “are network value assets” — and share this with the world’s mo..

‘Realistically,’ Bitcoin Must Now Consolidate Yearly Gain: Tom Lee

News Having made a big move at the start of 2019, Bitcoin (BTC) now needs to consolidate its gains, argues Fundstrat’s Tom Lee. In an Oct. 22 interview for BlockTV, Lee — a renowned Bitcoin bull, co-founder and Wall Street strategist at Fundstrat Global Advisors — said that the levels of ebullienc..

Tom Lee: Bitcoin’s Price Moves in Tandem With S&P 500

News Fundstrat Global Advisors co-founder Tom Lee has stated that Bitcoin (BTC) is positively correlated with the S&P 500 market index and is not a hedge against macro turmoil. Lee voiced his opinion during an interview with industry news outlet The Block published on Oct. 1. Bitcoin moves accordi..

Fundstrat’s Tom Lee Reminds Us of Bitcoin’s ‘Ten Best Days’ Rule

News Fundstrat co-founder Thomas Lee tweeted a timely reminder against panic-selling on Sept. 28, reminding that the majority of Bitcoin (BTC) gains come in the ten best trading days of the year. In fact, excluding these ten best days, BTC is down 25% per year. Fundstrat’s ‘rule of 10 best days’In..

Tom Lee: Bakkt to ‘Improve Trust With Institutions to Crypto’ in 3 Days

News Bitcoin (BTC) and cryptocurrency will gain trust from the incoming launch of institutional trading platform Bakkt, a well-known analyst has said. More Praise For BakktIn a tweet on Sept. 19, Fundstrat Global Advisors co-founder Tom Lee joined the increasing number of Bitcoin figures bullish a..

Bitcoin Price Catalyst Will Be S&P 500 New All-Time High, Says Tom Lee

News Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee has argued that a strong macro outlook will provide the tailwinds for the next Bitcoin (BTC) bull run. In an interview for CNBC’s Fast Money on Sept. 13, Lee broke with the narrative that investors buy into Bitcoin ..

Bitcoin Price ‘Will Never Hit $50K’ Gold Bug Peter Schiff Tells Tom Lee

News Bitcoin (BTC)price will never make it to $50,000, gold bug and crypto skeptic Peter Schiff has claimed in the latest attack on the largest cryptocurrency. ‘This is hysterical’In a social media debate on Aug. 20, Schiff, who is well known for his distaste for Bitcoin, said that gold would defi..

Fundstrat’s Lee: Doubles Down on Cheery $20k Bitcoin Prediction

Bitcoin has a tough, tough week. According to price trackers, the cryptocurrency has shed 20% in the past seven days, resulting in mass panic and fears of a return to a bear market. This week was so bad for the market that the Bitcoin Fear and Greed Index — an index derived from market sentiment, p..

Tom Lee: BTC Is Genuine Safe Haven, Potential New All-Time High by End of...

News Senior analyst at market strategy and sector research company Fundstrat Global Advisors Tom Lee is confident that Bitcoin (BTC) became a genuine safe haven for investors. When asked directly “whether Bitcoin is a genuine safe haven” during an interview on the Fox Business channel on Aug. 15, ..

Fundstrat Co-Founder Tom Lee: US Fed Rate Cuts Are Helping Bitcoin

News Fundstrat Global Advisors co-founder Tom Lee believes that recent interest rate cuts in the United States by the Federal Reserve are a boon for Bitcoin (BTC). Lee remarked on how the rate cuts positively impact Bitcoin investment in an interview with Fox Business on July 31, saying: “Bitcoin..

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