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Tag Archives: Misery

Fundstrat Bitcoin Misery Index | Tom Lee Isn’t Concerned about BTC

Tom Lee has always remained optimistic about Bitcoin. True, the Tom Lee Bitcoin price target did change from $25 thousand to $20 thousand last month, but the Fundstrat co-founder is still confident. In fact, Lee remains confident because of what the Fundstrat Bitcoin Misery Index is indicating. Fundstrat Bitcoin Misery Index: BTC is at 39% On Monday, Tom Lee went ...

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Bitcoin Misery Index Indicators Show the Crypto ‘Isn’t Broken’

Bitcoin (BTC) “isn’t broken” if it’s holding at the current price and volatility levels, Fundstrat’s Tom Lee said to CNBC’s “Fast Money” on August 6. In the interview, the Wall Street bull referred to the current indicators of Fundstrat’s recently launched Bitcoin Misery Index (BMI), which aims to inform investors of how “miserable” holders of the currency are based on ...

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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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