Bitcoin (BTC) Strength Now Serving As Precursor for Rallies in This Asset, Says Fundstrat’s Tom Lee

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Fundstrat chief investment officer Tom Lee says Bitcoin’s ( BTC ) recent strength is foreshadowing future rallies in another asset. In a new interview on CNBC, Lee says that BTC’s strong rallies over the last quarter are a sign that investors have a high-risk appetite and that future rallies in the S&P 500 are to be expected. “It’s really telling us investors are pro-risk. I do think it also just signals how much capital has been idle for the last couple of years, either parked in money market c...