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

12d ago
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  • 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.

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12d ago
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bearish:

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