Bitcoin could dip to $70K, but current price a ‘good entry point’ — Fundstrat
Fundstrat’s Tom Lee says those who buy Bitcoin around $90,000 now won’t “lose money” over the long term.
Auto Added by WPeMatico
Fundstrat’s Tom Lee says those who buy Bitcoin around $90,000 now won’t “lose money” over the long term.
Bitcoin’s fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
The market sentiment index score hasn’t been in the “Neutral” zone since Oct. 14, when Bitcoin was trading around $63,000.
The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000.
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
Although the US dollar has lost over 90% of its value since 1913, it continues to dominate all other fiat currencies as a store of […]
Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.
