Tom Lee: Bitcoin’s Price Moves in Tandem With S&P 500
Bitcoin is positively correlated with the S&P 500 and is not a hedge against macro turmoil, according to Fundstrat Global Advisors co-founder Tom Lee Go to Source Powered by WPeMatico
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Bitcoin is positively correlated with the S&P 500 and is not a hedge against macro turmoil, according to Fundstrat Global Advisors co-founder Tom Lee 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
Bitcoin reverses losses as Bakkt launches on Monday Go to Source Powered by WPeMatico
“Bitcoin may be ambidextrous: it works well in a risk-on world, but when you start to get nervous, then you treat it like digital gold,” Tom Lee has argued. Go to Source Powered by WPeMatico
Gold will go to $5k but Bitcoin will fail to hit $50k, says Peter Schiff Go to Source Powered by WPeMatico
Fundstrat’s Tom Lee is confident BTC will surge by the end of 2019 Go to Source Powered by WPeMatico
Fundstrat Global Advisors co-founder Tom Lee thinks interest rate cuts in the U.S. will help Bitcoin in its emerging role as a macrohedge against riskier assets Go to Source Powered by WPeMatico
The recent Bitcoin pullback is healthy, according to Fundstrat Global Advisers co-founder Thomas Lee Go to Source Powered by WPeMatico
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most of the top 20 cryptocurrencies have seen … Read more
A long-term approach is most appropriate for most bitcoin traders, according to Fundstrat Global Advisers Co-Founder Thomas Lee Go to Source Powered by WPeMatico