Bitcoin’s Surge Could Just Be The Beginning Of A Sustained Rally: Tom Lee
Tom Lee, head of research at Fundstrat, recently highlighted that Bitcoin’s recent surge could be the start of a sustained rally. In an interview with CNBC, he pointed out that Bitcoin’s recent price rise has been attributed to strong market demand and improving technical indicators. He noted that Bitcoin price has entered a consolidation phase near $90,000, which is supported by a series of bullish factors, including increased investor interest and its historical performance in similar market conditions.