The post Bitcoin’s Surge Could Just Be The Beginning Of A Sustained Rally: Tom Lee appeared first on Coinpedia Fintech News
Fundstrat Head of Research Tom Lee has recently highlighted that Bitcoin’s recent surge could be the beginning of a sustained rally. In an interview with CNBC, he noted that Bitcoin’s recent price gains are backed by strong market demand and improving technical indicators. He pointed out 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 during similar market conditions.