Tom Lee Explains Why Consensus Failed to Spark the Bitcoin Rally

Tom Lee of Fundstrat Global is standing by his $25K end-of-year Bitcoin price despite the failure of Consensus to cause the much-anticipated crypto price rally. In an interview with CNBC, the analyst offered explanations for why the conference didn’t spark an increase in crypto prices. What Went Wrong Going into Consensus, most of the talk featured the expectation that crypto prices will soar during and after the summit. Based on the pattern of the last<br />Read More<br />The post Tom Lee Explains Why Consensus Failed to Spark the Bitcoin Rally appeared first on Bitcoinist.com.

from Bitcoin news | Published News | Bitcoin news https://ift.tt/2IUOWTg