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Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the resolution of the Mt. Gox overhang, potential easing of Federal Reserve policies, and the impact of … Read more
Fundstrat’s head of research, Tom Lee, has doubled down on his $150,000 bitcoin price prediction, stating that the crypto could reach that price level this year. He cited three key reasons driving his bullish price forecast. Describing bitcoin as “sound money,” he emphasized that the cryptocurrency is incredibly secure and proving to be a good … Read more
Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin’s halving event will still push up BTC’s price — but not to six figures. Go to Source
This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strategy, Sean Farrell, said the parabolic growth would be due to “legacy market capital entering the fold.” Fsinsight: ‘Bitcoin to Tap $200K in … Read more
Fundstrat Global Advisors’ head of research says bitcoin still has “exponential growth ahead” of it. While acknowledging recent price swings of the cryptocurrency, the strategist emphasized that bitcoin has so far regained its losses in short periods of time. Bitcoin Still Has ‘Exponential Growth Ahead’ Fundstrat Global Advisors’ managing partner and head of research, Thomas … Read more
Twitter now has a new chief executive officer after Jack Dorsey resigned Monday. Dorsey, who is still the CEO of Square Inc., previously said that he wants to focus on bitcoin. Fundstrat Global Advisors’ managing director and head of research explained why Dorsey’s departure from Twitter is bullish for crypto. Twitter Has New CEO: Jack … Read more
Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing” and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact.” Moreover, Fundstrat believes that the price of ethereum will reach a $10k target, while the entire crypto-economy is “on pace to hit $5 trillion.” Fundstrat Maintains … Read more
Ether’s ongoing Proof-of-Stake upgrade combined with its DeFi potential and new all-time high could trigger its price above $10,000, according to one analyst. Go to Source Powered by WPeMatico
A Fundstrat Global Advisors analyst wrote in a recent note that Bitcoin’s price action was severely compromised by the recent price drop Go to Source Powered by WPeMatico
Majority of Bitcoin gains come in the “ten best days” each year, says Tom Lee Go to Source Powered by WPeMatico
