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Tag Archives: Misery

Crypto Misery Index Signals Good Times Ahead

A ‘misery index’, a contrarian index for Bitcoin created by Fundstrat Global Advisors, is at the lowest point since September 6 2011, 18.8, signaling a buy. The misery index ranges from 0 to 100 and whenever the index drops below 27 it is a signal that a Bitcoin price increase is ahead. The index is meant to be contrarian to ...

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‘Bitcoin Misery Index’ Indicates Now is A Good Time To Buy

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The “bitcoin misery index” created by Wall Street strategist Thomas Lee indicates this is a good time to buy bitcoin, according to CNBC. Lee has not changed his midyear price target of $20,000 and his end year price target of $25,000 for bitcoin. Lee, co-founder of Fundstrat ...

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