News with the tag "Tom Lee"

The recent decline in the price of Bitcoin to $80,000 has prompted speculation regarding whether this represents a sign of frailty or an opportunity to invest. Market watchers differ in opinion. While some view the drop as a passing setback, others see it as an opportunity. One analyst predicts that...

Tom Lee , head of Fundstrat Research , has labeled the January 27 market sell-off —which saw Nvidia (NVDA) plunge 17% and Bitcoin dip to $97,500 —as an overreaction and a key buying opportunity , according to CoinDesk . Following the drop, Nasdaq futures rebounded 1% , Nvidia gained 5% in pre-market...

After rocketing up to the highs of $108,000 in December 2024, Bitcoin now has fallen to about $96,000. This has led to renewed debate among analysts as to what this means for the leading cryptocurrency. Some think that it may all be a warning, but others, such as Fundstrat’s Tom Lee, are still bulli...

Bitcoin expert Tom Lee has revealed his near-term BTC price outlook

In a recent appearance on CNBC’s “Squawk Box,” Tom Lee, Fundstrat Capital CIO and head of research, suggested that Bitcoin may still have a ways to fall before posting a substantial recovery. During the January 13 segment, Lee spoke about the broader market concerns—such as inflation, bond yields, a...

Fundstrat’s Tom Lee says those who buy Bitcoin around $90,000 now won’t “lose money” over the long term.

Fundstrat chief investment officer Tom Lee says those who turn a blind eye to Bitcoin likely believe that BTC will eventually plunge all the way down to zero. In an interview on the Global Money Talk YouTube channel, Lee says Bitcoin has proven its staying power after over a decade of existence. He ...

The Bitcoin price is expected to hit $250,000 in 2025 by Tom Lee

Veteran investor Tom Lee says investors are better off remaining bullish on markets despite the recent correction in equities and other risk assets. In a new interview on CNBC, Fundstrat’s head of research says that the correction in equities – which saw the S&P 500 dip from above 6,000 to 5,832 – i...

Tom Lee: Bitcoin Going to $250K by 2025 Bitcoin, the world’s largest cryptocurrency, is once again in the spotlight after Tom Lee, founder of Fundstrat Global Advisors, forecasted a meteoric rise to $250,000 by 2025. Speaking in an interview with CNBC, Lee attributed his bullish outlook to growing s...