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

News

Fundstrat Global Advisors’ Thomas Lee has argued that a strong macro outlook will provide the tailwinds for Bitcoin’s next bull run. 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 to hedge macro risks — viewing the asset as a safe-haven asset or type of digital gold. Instead, he argued that investors buy into the cryptocurrency when they feel optimistic about the…
Click Title Below To Read Details From Source:
Bitcoin Price Catalyst Will Be S&P 500 New All-Time High, Says Tom Lee

Leave a Reply

Your email address will not be published. Required fields are marked *