country flagالعربية
0

Bitcoin Misery Index: Now is the time to buy Bitcoin

2018-03-14 10:58 am | Resource: News Section | No Views : 340

Bitcoin Misery Index: Now is the time to buy Bitcoin The origin of the "Bitcoin Misery" index, Wall Street strategist Thomas Lee said, is now the best time to buy Bitcoin.
He added in Lee, according to CNBC, that he had not changed his mid-year price target at $ 20,000, and the end-of-year price target of $ 25,000 for Bitcoin.
"When the Bitcoin misery index falls below 27 points, Bitcoin will see its best performance in the 12 months," Lee, founder of Fundstrat Global Advisors, told CNBC's Fast Money television program last Friday.
He pointed out that the strategic signal that comes every year, advising those who want to buy Bitcoin, to do so now, before it is too late, stressing that the indicator tells people to wait a week to three weeks.

Other news

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.