Fundstrat Global Advisors’ managing partner Tom Lee is predicting that Bitcoin (BTC) could hit six figures before the halvening scheduled for 2024. Lee says in a research note that the approval of a spot Bitcoin exchange-traded fund (ETF) could trigger BTC to rally to between $140,000 and $180,000 before next year in April. Such a […]
The post One Catalyst Could Trigger Bitcoin To Explode by Over 350% Within the Next Nine Months, Says Fundstrat’s Tom Lee appeared first on The Daily Hodl.
Fundstrat Global Advisors’ managing partner Tom Lee thinks the terrible macroeconomic conditions of 2022 are “unlikely to persist” next year. In a new Twitter thread, Lee says that he thinks inflation is falling faster than the markets and the Federal Reserve expect. The CNBC contributor also notes the Fed likes to see a strong labor […]
The post Crypto Bull Tom Lee Reveals 2023 Macro Outlook, Says This Year’s Terrible Conditions Are ‘Unlikely To Persist’ appeared first on The Daily Hodl.
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 […]
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 […]
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 […]
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 […]