TOM LEE: Bitcoin’s bloodbath was totally normal, and now offers ‘the biggest buying opportunity in 2018’
|01/18/2018||Posted by BusinessMediaguide.Com under General World News||
- Tom Lee, the managing partner and head of research at Fundstrat Global Advisors, sees bitcoin’s recent slump as a buying opportunity.
- He notes that bitcoin has seen similar patches of wild volatility in recent months, and that the 34% decline seen over the past two days is normal.
Sure, the wildly popular cryptocurrency plunged as much as 34% in just two days, hitting an intraday low near the $9,185 level, but Lee says that sort of whipsawing price action read more >>>