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The head analyst of Fundstrat Global Advisors – Tom Lee, has revealed the company’s outlook on the cryptocurrency market for 2019. According to it, positive developments in the industry are staging price recovery by the end of the year. Cryptocurrencies Staging a Price Recovery In an official Twitter post, Tom […]
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During 2018, Bitcoin (BTC) and virtual currencies have experienced a price decrease that affected the whole market. However, Bitcoin’s fundamentals continued to grow. Despite the bear market, Bitcoin achieved interesting growth in many different areas. According to Fundstrat’s Thomas Lee, Bitcoin will experience 9 incremental improvements in the network. Thomas […]
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44 percent of those surveyed on crypto Twitter believe the price of bitcoin core (BTC) has a ways to go before finding bottom, while over half of Wall Street and institutional investors seem to believe BTC’s bottom has been reached. The poll was conducted by Fundstrat, comparing the views comprised […]
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The price of Bitcoin may be heading down to $3200, new research has warned — as the first and foremost cryptocurrency fails to find support at its April lows of $6450. The Bigger Picture In a detailed transaction analysis released June 13, Fundstrat Global Advisors concluded that — due to […]
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After threatening to fall through the floor, Bitcoin has seemingly found support above $7,000 — leading Fundstrat Global Advisors to claim a market rally is already underway. ‘It’s Going to Start a Recovery Process Here’ Yesterday, the head of technical strategy at Fundstrat Global Advisors — an independent research boutique which […]
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Tax season in the U.S. is here, and many citizens who use or hold cryptocurrencies are clamoring around trying to figure out how to file their capital gains taxes. According to reports from Fundstrat’s analyst Tom Lee, cryptocurrencies represent roughly 20 percent of last years U.S. capital gains. Also Read: Emin […]
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