Prominent Executive Expresses Optimism for Bitcoin (BTC): Predicts Increased Buying Pressure This Month!

Prominent Executive Expresses Optimism for Bitcoin (BTC): Predicts Increased Buying Pressure This Month!

full version at en.coinotag
  • Tom Lee, Managing Partner at financial research and consulting firm Fundstrat, shares his views on the cryptocurrency market.
  • Speaking recently on CNBC’s Squawk Box, Lee evaluates the crypto market, indicating that the significant correction in April will be followed by a bullish May, as buying pressure proves this.
  • However, the analyst points out that the data released by the US appears quite soft, emphasizing that such a data flow is a positive indicator for risk products, including the crypto market.

Tom Lee of Fundstrat predicts a bullish May for the cryptocurrency market, citing buying pressure and soft US data as positive indicators for risk products.

Read the full article for FREE at COINOTAG!
14m ago
bullish:

0

bearish:

0

Recent conversions

1 SOL to NOK 1.65 ETH to NOK 1.3 ETH to ETH 32000 KRW to NZD 1900 INR to ETH 1 INR to CDF 0.10 BTC to NOK 0.0005 BNB to GBP 98 ETH to NZD 800 BTC to ETH 3 ETH to NOK