As Crazy as It Sounds, the Stock Market Will Hit New Record Highs This Year: Analyst
While many expect the stock market to crash soon, one controversial analyst sees the S&P 500 hitting new records despite negative earnings.
tom lee
Bitcoin Price Crash is Burning Man’s Fault & Fed Will Hike Rates 3x: Tom Lee
Fundstrat co-founder Tom Lee claims this week’s bitcoin price nosedived because the crypto-sphere is distracted by the Burning Man festival. Moreover, Lee predicts the Federal Reserve will raise interest rates 75 basis points by the spring of 202…
Bitcoin Could Break Through to a New High in 2019, Predicts Tom Lee
By CCN Markets: A debate has been raging about whether or not bitcoin should be deemed a safe-haven asset. After all, the leading cryptocurrency sure wasn’t behaving like one and investors sure weren’t doing a flight to safety in crypto while the equit…
Stock Market Bull Tom Lee: Buy the Trade War-Induced S&P 500 Dip
Stock market bull Thomas Lee of Fundstrat has invited investors to “back up the truck” and load up on the trade war-induced dip in the S&P 500. His client letter comes at the end of an action-packed week full of economic data, a landmark interest r…
Bitcoin Still ‘Wildly Bullish’ Despite Sharp Recent Retreat, Experts Say
Despite the recent fall of Bitcoin, experts have not yet abandoned their bullish sentiment. In fact, it seems that current events have only served to reinforce this perception. While it is true that bitcoin experienced a sharp drop, breaking essential …
Trump’s Crypto Roast Could Supercharge Bitcoin Price to $40,000, Predicts Analyst
President Donald Trump tweeted a blistering takedown of cryptocurrencies like bitcoin and Libra Thursday. But the savage Trump roast on Twitter might be great for bitcoin. It may even boost the bitcoin price to a new all time high. That’s Fundstr…
If Bitcoin Hits This Key Level, It’s Going to Make a Run for $40K: Tom Lee
By CCN Markets: The bitcoin price might have slipped below $8,000 for now, but it could be headed much higher in the near future. Fundstrat Global Advisors Co-Founder Thomas Lee is willing to put it on the line for bitcoin once again, making an aggress…
Tom Lee: Bitcoin Close to Full-Blown FOMO as Price Nears Key 10K Level
By CCN: After a week in which bitcoin flirted with $9,000 for the first time in a year, Fundstrat’s Tom Lee cited data which suggests the point of no return is fast approaching. According to data from Fundstrat, when the value of bitcoin crosses the $1…
What Trade War? Tom Lee Says the S&P 500 Could Return 23% This Year
By CCN: The stock market still has more runway for gains despite the trade war. Fundstrat Co-Founder Thomas Lee is doubling down on his year-end target of 3,100 for the S&P 500, which reflects gains of 9% from where the index hovers today. The S…
$25,000 Bitcoin Price Next for Perma-Bull Tom Lee after Ringing Crypto Winter Dead
By CCN: Fundstrat CEO Tom Lee says the ‘crypto winter’ is finally over, offering 13 solid reasons to back up his claim. According to the bitcoin perma-bull, there’s nothing but blue sky between here and his $25,000 price prediction. If he’s right…
Bitcoin Critics to Catch FOMO at BTC $10,000, Says Crypto Bull Tom Lee
By CCN: Bitcoin’s run higher is igniting a wave of fear-of-missing-out (FOMO) among those who gloated about the cryptocurrency’s imminent demise. Fundstrat Co-Founder Tom Lee recently took time to engage with crypto Twitter now that bitcoin’…
7 Reasons Bitcoin Price Will Smash Record Highs in 2020: Perma-Bull Tom Lee
By CCN.com: Bitcoin permabull and Fundstrat Global co-founder, Tom Lee says the worst is over for bitcoin. In an interview with CNBC, Lee said the bitcoin price will likely see a new all-time high in 2020, eclipsing the previous $20,000 mark. Lee is fa…
Bitcoin Price: 3 Catalysts Fueling the Crypto Market’s Next Titanic Rally
By CCN: Ignore that Tether-induced Bitcoin price sell-off. Why? Because Fundstrat Global Advisors’ Tom Lee says that crypto spring has sprung. Speaking with CNBC, the Bitcoin bull revealed that proprietary Fundstrat analysis indicates that the flagship cryptocurrency has begun to storm into a bull market. Translation: prepare for the Bitcoin price to continue pounding higher. Bitcoin bull @Fundstrat’s Tom Lee says he has three signs crypto spring has sprung. Check it out pic.twitter.com/wSaKFQnIvw — CNBC Futures Now (@CNBCFuturesNow) April 25, 2019 According to Tom Lee, three factors converge to confirm Bitcoin’s optimistic outlook. 1. Busy Blockchain The first sign relates
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Survey Says Sell? Just 43% Believe ‘Golden Cross’ is Bullish for Bitcoin Price
By CCN: Not everyone is convinced that Bitcoin’s highly-touted “golden cross” is a bullish signal for the world’s largest cryptocurrency. Almost 25% of Crypto Investors Believe Golden Cross is Bearish for Bitcoin According to a …
Analyst: Bitcoin’s Evolving into the Stock Market Hedge Investors Crave
Bitcoin is looking a lot less like the S&P 500 every day. Good thing, too, especially considering the doom-and-gloom pessimists have been peddling about the economy and especially corporate earnings. Bitcoin’s Stock Market Correlation Plunged…
To the Moon! Crypto Evangelist Brian Kelly’s Jaw-Dropping Bitcoin Price Prediction
Pay no attention to today’s pullback in the crypto markets. With the bitcoin price expanding as much as 30% in April so far to hover above the $5,000 level, it’s brought out the perma-bulls. Crypto fund manager Brian Kelly is among them. No…
High-Rolling US Consumers Rescue Dow from Trade Hurricane
U.S. consumers are, more than ever, the envy of the world. While the global economy grapples with slow growth, U.S. consumer spending has prevented it from teetering on the cusp of collapse and may have single-handedly saved the Dow Jones Industrial Av…
Why Bitcoin is STILL Undervalued by a Staggering 64%
The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin. Fundstrat Global Advisors co-founder Tom Lee not only believes that this week’s i…
Bitcoin Price: Brian Kelly Reveals Just How High This Rally Will Go
The crypto bulls are out in full force, and price predictions are back. Crypto trader Brian Kelly has consistently stuck up for bitcoin, even during the market downturn. Now BTC is returning the favor with today’s double-digit percentage rally. K…
Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl
Bitcoin bull Changpeng Zhao, the CEO of Binance, has earned a reputation as an affable, laid-back guy enjoying the meteoric success of his popular cryptocurrency exchange. But is Zhao’s nice-guy persona merely an act? It seems that way, based on …