, bitcoin is now up 146% this year. But that could be just the beginning for its bounce back, says bitcoin bull and Fundstrat Global Advisors' research chief Tom Lee.
Many in the crypto space were hesitant to agree that the "crypto winter" was indeed over, Lee wrote. They cited worries around persistent volatility in alt-coins and initial coin offerings, fundraising issues in the digital currency market, general bearishness and residual concerns stemming from crypto's huge drop in 2018, he wrote.
"The Facebook announcement is a complete validation that mainstream is now focused on cryptocurrencies," he said. "I think it really destroys those arguments that say, 'I believe in blockchain, not bitcoin.'"
fundstrat FuturesNow Two🤷♂️ years ago they said bitcoin will be at 100k in December 2018
fundstrat FuturesNow Do not doubt it.
fundstrat FuturesNow Well he’s never been wrong before so let’s make this money
fundstrat FuturesNow arf selling everything now...
fundstrat FuturesNow This dude is so desperate.
fundstrat FuturesNow Tom Lee is never right 😂
fundstrat FuturesNow
fundstrat FuturesNow 😎
fundstrat FuturesNow usually after this news market crash lol
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fundstrat FuturesNow I think Mr. Lee is the only pump-n-dump-chump that ever talks about B’coin, except the knowledgeable CEO’s warning about it 😁🖖🏻
fundstrat FuturesNow How can we believe any of this BS when we're being told that 90% of the Bitcoin trading activity is fraudulent?
fundstrat FuturesNow omg feed the beast!!!!
fundstrat FuturesNow LFG APompliano
fundstrat FuturesNow And all those who said Bitcoin was dead 🤣
fundstrat FuturesNow Those insatiable Millennials just keep on coming. They are perfect generators of Bubbles. Think of Beyond Meat.
fundstrat FuturesNow Bitcoin trust is based on human programming and no human being is infallible...
fundstrat FuturesNow How many times did he say so? And?
fundstrat FuturesNow He's an excellent contrarian indicator. Just take what he says and imagine the opposite.
fundstrat FuturesNow these guys sound so smart, but the only thing that matters is how many people buy it....
fundstrat FuturesNow Not this fkn guy again