The chief strategist from FundStrat predicts that Bitcoin still has an exponential growth in front of it -

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Von: Krypto News Österreich

The chief strategist from Fundstrat predicts that Bitcoin still has

The research manager of Fundsstrat Global Advisors says that Bitcoin still has an "exponential growth" in front of him. The strategist admitted the recent price fluctuations in the cryptocurrency, but emphasized that Bitcoin had recovered its losses so far in a short time.

Bitcoin still has "exponential growth in front of you"

The managing partner and research manager of Fundsstrat Global Advisors, Thomas Lee, spoke on Monday in an interview with CNBC about the prospects for Bitcoin.

Lee is a Wall Street strategist with more than 25 years of experience in stock research. Before he found the foundation, he was Chief Equity strategist from JP Morgan from 2007 to 2014.

The Fundstrat strategist recommends an investment in Bitcoin and emphasizes that the cryptocurrency still has an "exponential growth" in front of it, as it is becoming more and more popular.

Although we acknowledge that the price of btc he recently made it more sensible that it would make sense that the cryptocurrency is more useful due to volatility keep instead of acting the fluctuations. He explained:

Every year Bitcoin makes all of his winnings in 10 days and if you do not have Bitcoin for these 10 days, you decline 25% per year. For me, this type of weekend massacre that happened is painful, but quite common.

Last week, Lee commented on the resignation of Square CEO Jack Dorsey as CEO from Twitter. The found strategist sees Dorsey's departure as optimistic for crypto. He emphasized that it was still the earliest days for the crypto room, not only for projects such as Bitcoin and Ethereum, but also "the amount of crypto shares and companies that were built around crypto".

lee is not the only one who sees a advantage of Bitcoin. The billionaire Barry Sternlicht, the chairman of the Starwood Capital Group, said last week that Bitcoin could be Million dollar a coin. Meanwhile, the CEO of Microstrategy sees that Bitcoin is becoming more and more an investment class of 100 trillions US dollar . The founder of Skybridge Capital says that Bitcoin will do this. $ 500k. Traden , ask the investors, btc buy at the moment.

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