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BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Mon Apr 15, 2019 4:56 am
by News
Given the performance of Bitcoin (BTC) since the start of 2019, especially the major gains realized in April, several analysts say BTC is set for a bullish year.

According to Tom Lee of Fundstrat Global Advisors, the prolonged bear market of 2018 is now a thing of the past. Lee posits that there is already a significant flip in market sentiment leading to increasing investor appetite for Bitcoin.

Speaking to MarketWatch, The Fundstrat chief analyst opined:

Risk appetite is positive for bitcoin. If the S&P 500 made a 2.5 standard deviation move [as it has done year-to-date] and investors are looking for vol [volatility] that’s building a base case for bitcoin.

Lee, known for making BTC price forecasts believes Bitcoin will top $10,000 sometime in 2019. Earlier in April, Lee made the case for Bitcoin’s fair value amounting to about $14,000 based on the present mining cost.

Fundstrat analysts say fundamental market forces have shifted to the positive side. This shift effectively forms a tailwind which they expect will push the price of BTC higher in 2019.

Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Sun Apr 21, 2019 8:50 pm
by sezer
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Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Fri Apr 26, 2019 10:15 am
by Martian95
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Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Tue Jun 11, 2019 8:34 am
by williamsp23
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Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Wed Jun 19, 2019 9:33 pm
by wonai
Even though some are absolutely cool with the Binance launching margin, because it can draw more investors to the trading platforms, others are not so sure it will have any positive impact. Prominent crypto researcher Willy Woo highlighted the fact that blockchain data reflects something else in the negative and that the optimism should be reconsidered.
News wrote:
Mon Apr 15, 2019 4:56 am
Given the performance of Bitcoin (BTC) since the start of 2019, especially the major gains realized in April, several analysts say BTC is set for a bullish year.

According to Tom Lee of Fundstrat Global Advisors, the prolonged bear market of 2018 is now a thing of the past. Lee posits that there is already a significant flip in market sentiment leading to increasing investor appetite for Bitcoin.

Speaking to MarketWatch, The Fundstrat chief analyst opined:

Risk appetite is positive for bitcoin. If the S&P 500 made a 2.5 standard deviation move [as it has done year-to-date] and investors are looking for vol [volatility] that’s building a base case for bitcoin.

Lee, known for making BTC price forecasts believes Bitcoin will top $10,000 sometime in 2019. Earlier in April, Lee made the case for Bitcoin’s fair value amounting to about $14,000 based on the present mining cost.

Fundstrat analysts say fundamental market forces have shifted to the positive side. This shift effectively forms a tailwind which they expect will push the price of BTC higher in 2019.

Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Wed Jun 19, 2019 10:03 pm
by alayemi
At the moment, Coinbase has gone really far in discussions considering the acquisition of custody provider Xapo.
News wrote:
Mon Apr 15, 2019 4:56 am
Given the performance of Bitcoin (BTC) since the start of 2019, especially the major gains realized in April, several analysts say BTC is set for a bullish year.

According to Tom Lee of Fundstrat Global Advisors, the prolonged bear market of 2018 is now a thing of the past. Lee posits that there is already a significant flip in market sentiment leading to increasing investor appetite for Bitcoin.

Speaking to MarketWatch, The Fundstrat chief analyst opined:

Risk appetite is positive for bitcoin. If the S&P 500 made a 2.5 standard deviation move [as it has done year-to-date] and investors are looking for vol [volatility] that’s building a base case for bitcoin.

Lee, known for making BTC price forecasts believes Bitcoin will top $10,000 sometime in 2019. Earlier in April, Lee made the case for Bitcoin’s fair value amounting to about $14,000 based on the present mining cost.

Fundstrat analysts say fundamental market forces have shifted to the positive side. This shift effectively forms a tailwind which they expect will push the price of BTC higher in 2019.

Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Sat Jun 22, 2019 10:06 am
by labie
Bitfi did not limit its attack to Bitcoin Cash alone. It also launched another salvo of attacks against Jihan Wu, one of the founders of Bitmain.
News wrote:
Mon Apr 15, 2019 4:56 am
Given the performance of Bitcoin (BTC) since the start of 2019, especially the major gains realized in April, several analysts say BTC is set for a bullish year.

According to Tom Lee of Fundstrat Global Advisors, the prolonged bear market of 2018 is now a thing of the past. Lee posits that there is already a significant flip in market sentiment leading to increasing investor appetite for Bitcoin.

Speaking to MarketWatch, The Fundstrat chief analyst opined:

Risk appetite is positive for bitcoin. If the S&P 500 made a 2.5 standard deviation move [as it has done year-to-date] and investors are looking for vol [volatility] that’s building a base case for bitcoin.

Lee, known for making BTC price forecasts believes Bitcoin will top $10,000 sometime in 2019. Earlier in April, Lee made the case for Bitcoin’s fair value amounting to about $14,000 based on the present mining cost.

Fundstrat analysts say fundamental market forces have shifted to the positive side. This shift effectively forms a tailwind which they expect will push the price of BTC higher in 2019.

Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Sat Jun 22, 2019 7:45 pm
by labie
In recent times, the bitcoin community has played host to a number of controversies from shocking delistings to those who feel that bitcoin itself must be shut down.
News wrote:
Mon Apr 15, 2019 4:56 am
Given the performance of Bitcoin (BTC) since the start of 2019, especially the major gains realized in April, several analysts say BTC is set for a bullish year.

According to Tom Lee of Fundstrat Global Advisors, the prolonged bear market of 2018 is now a thing of the past. Lee posits that there is already a significant flip in market sentiment leading to increasing investor appetite for Bitcoin.

Speaking to MarketWatch, The Fundstrat chief analyst opined:

Risk appetite is positive for bitcoin. If the S&P 500 made a 2.5 standard deviation move [as it has done year-to-date] and investors are looking for vol [volatility] that’s building a base case for bitcoin.

Lee, known for making BTC price forecasts believes Bitcoin will top $10,000 sometime in 2019. Earlier in April, Lee made the case for Bitcoin’s fair value amounting to about $14,000 based on the present mining cost.

Fundstrat analysts say fundamental market forces have shifted to the positive side. This shift effectively forms a tailwind which they expect will push the price of BTC higher in 2019.

Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Sat Jun 22, 2019 7:57 pm
by labie
The latest news streaming in from Bitfi on the other hand, have overshadowed the issue concerning Bitcoin SV following the shocking announcement that it will not support moves to Buy Bitcoin Cash (BCH) on its platform.
News wrote:
Mon Apr 15, 2019 4:56 am
Given the performance of Bitcoin (BTC) since the start of 2019, especially the major gains realized in April, several analysts say BTC is set for a bullish year.

According to Tom Lee of Fundstrat Global Advisors, the prolonged bear market of 2018 is now a thing of the past. Lee posits that there is already a significant flip in market sentiment leading to increasing investor appetite for Bitcoin.

Speaking to MarketWatch, The Fundstrat chief analyst opined:

Risk appetite is positive for bitcoin. If the S&P 500 made a 2.5 standard deviation move [as it has done year-to-date] and investors are looking for vol [volatility] that’s building a base case for bitcoin.

Lee, known for making BTC price forecasts believes Bitcoin will top $10,000 sometime in 2019. Earlier in April, Lee made the case for Bitcoin’s fair value amounting to about $14,000 based on the present mining cost.

Fundstrat analysts say fundamental market forces have shifted to the positive side. This shift effectively forms a tailwind which they expect will push the price of BTC higher in 2019.

Re: BITCOIN WILL TOP $10,000 IN 2019, SAYS FUNDSTRAT’S TOM LEE

Posted: Mon Jul 01, 2019 2:00 pm
by wonshey
To get appropriate guidance regarding tax compliance for your own jurisdiction, you should contact a qualified accountant.
News wrote:
Mon Apr 15, 2019 4:56 am
Given the performance of Bitcoin (BTC) since the start of 2019, especially the major gains realized in April, several analysts say BTC is set for a bullish year.

According to Tom Lee of Fundstrat Global Advisors, the prolonged bear market of 2018 is now a thing of the past. Lee posits that there is already a significant flip in market sentiment leading to increasing investor appetite for Bitcoin.

Speaking to MarketWatch, The Fundstrat chief analyst opined:

Risk appetite is positive for bitcoin. If the S&P 500 made a 2.5 standard deviation move [as it has done year-to-date] and investors are looking for vol [volatility] that’s building a base case for bitcoin.

Lee, known for making BTC price forecasts believes Bitcoin will top $10,000 sometime in 2019. Earlier in April, Lee made the case for Bitcoin’s fair value amounting to about $14,000 based on the present mining cost.

Fundstrat analysts say fundamental market forces have shifted to the positive side. This shift effectively forms a tailwind which they expect will push the price of BTC higher in 2019.