The Current Bitcoin Retracement is Over, Says Fundstrat

Published 1y ago via

The Current Bitcoin Retracement is Over, Says Fundstrat
The Bitcoin News via

Fundstrat’s Robert Sluymer believes that bitcoin and many altcoins will soon experience significant price gains going on the back of positive signals from technical indicators. According to Bloomberg, the Fundstrat technical strategist expects an end to the price retracement that has been going on since the end of May 2019.

Fundstrat’s co-founder Tom Lee also believes that cryptos are in for some significant price gains, even beyond the short term. The Fundstrat chief analyst reiterated previous comments about how a weakened U.S. dollar was positive for BTC price.

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