After Friday’s straight out of left field rally, analysts have begun to express optimism for the first time in a blue moon. In fact, one industry insider claims that technical analysts centered on Bitcoin (BTC) are switching gears from bearish to bullish. But will their forecasts hold up?
Tom Lee Downs再次使用比特币红丸
似乎Tom Lee再次击败了比特币红色药丸。 出场后 福克斯商业， Fundstrat Global Advisors的联合创始人和研究负责人在Twitter上吹捧了他那种看似乐观的情绪，并在Twitter上采取了一个看涨的说法。
Citing, a piece of analysis from the ill-named XCHARXMagic Poop Cannon,XCHARX a well-followed, yet oddly titled crypto trader, Lee remarked that technical analysts that were bearish in early-2019 are becoming XCHARXincrementally bullishXCHARX on BTC. But why is that?
— Thomas Lee (@fundstrat) 二零一八年二月
根据分析，李，前任执行合伙人 摩根大通和大通, cited, the odds are increasing that the XCHARXBitcoin BearXCHARX is dead. Magic, who made a comment that BTC is most likely to bottom at $2,000 earlier this week, remarked that FridayXCHARXs jaw-dropping rally presents a positive technical case for the flagship cryptocurrency.
交易员 说 that FridayXCHARXs 8% move, which set BTC above $3,700, rallied back into a triangle formation that was important before the late-January sell-off. Magic claims that if BTC can close its daily candle above ~$3,600, XCHARXthis [will be] very bullish.XCHARX
Magic then drew parallels between the 2014/2015 bear season bottom and the price action seen as of late. He concluded that while there are differences, BTC is currently XCHARXtrending in a similar manner to the way it moved at the exact bottom of the last bear market.XCHARX
Fundstrat Is Optimistic On 2019XCHARXs Prospects For Crypto
As hinted at earlier, LeeXCHARXs recent XCHARXhopiumXCHARX high comes after he made an appearance on American television to talk Bitcoin. He explained on-air that $25,000 is a “fair value” for the leading cryptocurrency, citing the thirst for an uncorrelated digital asset that isn’t only used for speculative purposes, but as a newfangled form of money and store of value too.
This recent comment also comes after LeeXCHARXs New York-based investment advisory outfit released its 2019 Crypto Outlook report. As 报道 by NewsBTC 此前，Fundstrat提出了一系列正常的宏观，技术，法定加密流入，区块链技术和股票趋势，以解释为什么比特币和其他加密货币的前景可能会比2019有所改善。
Source: News BTC