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Bitcoin Misery Index: Now is the time to buy Bitcoin

2018-03-14 10:58 am | Resource: News Section | No Views : 479

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.

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