fundstrat in A Sentence

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    Fundstrat and Standpoint Research.

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    Pantera Capital Management Fundstrat Global Advisors.

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    Fundstrat's Tom Lee: Bitcoin could easily double in 2018.

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    Fundstrat Global Advisors.

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    Co-founder of Fundstrat Global Advisors, Tom Lee, claimed in a tweet that the crypto-winter came to an end.

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    For example, according to the forecast of analysts Fundstrat Global Advisors, bitcoin could fall to around $ 3,250.

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    The Fundstrat analyst is predicting $40,000 for BTC by the end of 2020, but is it possible he's on track this time?

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    Earlier analyst Fundstrat Global Advisors Thomas Lee said that the Consensus 2018 are likely to have a positive impact on market dynamics cryptocurrency.

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    Once again, Tom Lee of Fundstrat fame is entering the picture with his bitcoin price predictions, something he said he would walk away from at the end of 2018.

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    He also pointed out how on March 27 in the Bitcoin Misery Index of the Fundstrat increased above 67- a level that has not been reached since August 2015.

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    According to the Fundstrat co-founder Tom Lee, the most important factors that will contribute to the growth of the price of the first cryptocurrency are halving, geopolitical risks and the US presidential election.

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    We expect the mining economy to grow over the next several years, and project a BTC price of ~$36,000 by year end 2019 based on the historical average 1.8x P/BE multiple”(Fundstrat analyst, Sam Doctor).

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    As reported by NewsBTC previously, Fundstrat laid out a number normal of macro, technical, fiat-to-crypto inflows, blockchain technology, and equity trends to explain why the outlook for Bitcoin and other cryptocurrencies could improve over 2019.

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    And that's one of their conservative estimates- although $36,000 is the Fundstrat report's“most likely” target, Sam Doctor(one of the authors) wrote that Bitcoin could end up anywhere between $20,000 and $64,000, depending on how the financial, electricity and technology landscapes develop over the next year and a half.

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