Fundstrat's Tom Lee: Bitcoin Will Reach "$150,000 Before Year End"
On March 5, 2024, Bitcoin reached a new all-time high (ATH), breaching the $69,000 level. This was a huge moment, considering that many were willing to count Bitcoin out when it was trading at the $15,000 level less than 15 months ago. However, some do not see Bitcoin's bullish momentum ending there. Tom Lee is a managing partner and head of research at Fundstrat, one of the most prominent financial research firms in the world. In an interview with CNBC, Lee said that Bitcoin will "make a bee-line back towards its long-term trend line," which could propel it to $150,000 before year end...and much much higher numbers in the future." Lee is a prominent voice in the financial sector, and his opinion is valued by many. His bullish take on Bitcoin could cause traders to act, potentially propelling Bitcoin even higher. Additionally, in the interview, Lee discusses his main reasons for why he believes that Bitcoin is so polarizing among the investment community. First, he says that it is a generational issue. Crypto, he says, "is being adopted and used by younger folks, Millennials and Gen Z." He noted that it has a strong global presence, particularly among the unbanked and those without access to strong financial institutions. #TrendingTopic #Btc #Write2Earn⏠$
đČBTC $BTC As you know, yesterday there was a very serious correction in the market and many long traders were knocked out of their positions. This was to be expected, since we have been growing without any special corrections for too long.
However, as you can see, it didnât take long for the downward movement to be absorbed and we have almost completely absorbed yesterdayâs drain candle.
đThe price is above local support zones and the resumption of upward movement is a priority. Therefore, we again continue to work according to the trend, from purchases.
All-Time High and Low Statistics The peak price for $PEPE was $0.058193 on Mar 04, 2024 (approximately 5 hours ago). Currently, the price is 7.71% below this record.
On the other hand, the lowest recorded price for $PEPE was $0.075514 on Apr 18, 2023 (11 months ago). Presently, the price stands 13,611.36% higher than the all-time low.
Market Sentiment
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Reason: Break of trendline. Now Volume is growing as well. Above strong support zone.Chart looks super bullish for it. Worth buying for short term quick profits too.
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đOnly 7 Days Left 500$ WaitđŻ đ„Steps by step guideđ«
đȘHow to Participate : 1. đ„You have only one dollar must be available đ« 2. đGo 1$ game âł 3. đPay fee And Participate đ€ 4. đ7 Days Later Binance Announcement the winner đ§âđ€âđ§ #TrendingTopic #Portal #BTC #500USDTFree