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Topic: [2019-03-23]Bitcoin Bull Run Expected in August, Tom Lee Says - page 2. (Read 292 times)

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As investors continue to recover from the bearish market, the co-founder of Fundstrat Global Advisors Tom Lee remains optimistic and expects the next Bitcoin bull run to begin in August or September this year – which is five to six months from today. Lee has been making cryptocurrency predictions and comments for years.

While in a one-on-one interview with CNBC’s Futures Now, Lee said that:

“The key number to watch is the 200-day moving average… BTC’s bouncing along that. If Bitcoin holds above $4k, it’ll cross its 200-day [moving average] by August, so I think the outside window is five to six months before it starts to look technically like it’s back in a bull market.”

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-bull-run/

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