Tom Lee (who had originally predicted $25k by EOY) is tired of making BTC forecasts..
Even as recently as Oct he was saying $25k by EOY was on the table, sobering lesson that a so called expert taking peoples money can be so wrong. (He previously worked as the chief equity strategist at J.P. Morgan Chase.)
I wonder how his Fundstrat customers are feeling..
Interesting the first article refers to BTC being below the Daily 200MA remains bearish.
However, with BTC @ $3.2k, the weekly 200MA and Monthly 50MA below us are of more interest to me right now…