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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h231">Libra haunts Bitcoin</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h322">A firework mishap</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Tom Lee, the founder of Fundstrat, is clearly not concerned by Bitcoin’s recent downturn. In his latest tweet, Lee claims that the “painful” $2,000 is invisible on the weekly timeframe.
    
    <blockquote class="twitter-tweet" data-lang="en">
    Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTCUSD</a>
    
    - Painful $2k drop in past day, partially due to <a rel="nofollow" target="_blank" href="https://twitter.com/federalreserve?ref_src=twsrc%5Etfw">@federalreserve</a> Powell comments <a rel="nofollow" target="_blank" href="https://twitter.com/facebook?ref_src=twsrc%5Etfw">@facebook</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Libra?src=hash&amp;ref_src=twsrc%5Etfw">#Libra</a>
    
    - Drop invisible on weekly timeframe
    
    Crypto winter over...<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/BTD?src=hash&amp;ref_src=twsrc%5Etfw">#BTD</a> <a rel="nofollow" target="_blank" href="https://t.co/F5vkQmsWEM">pic.twitter.com/F5vkQmsWEM</a>
    — Thomas Lee (@fundstrat) <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1149292068851859456?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Libra haunts Bitcoin
    
    As <a href="https://u.today/bitcoin-screws-up-highest-price-surge-in-2019-anthony-pompliano-still-believes-in-the-bull-market">reported</a> by U.Today, the top cryptocurrency dropped by more than 10 percent on June 10 after surpassing the $13,000 for the second time this year. The unexpected rally didn’t have any legs, and Bitcoin failed to match the current yearly high of $13,866.
    
    Lee suggests that Federal Reserve Chairman Jerome Powell is the one to blame for Bitcoin’s bad day. According to Powell, Facebook’s Libra, which supposedly fueled the crypto rally in July, <a rel="nofollow" target="_blank" href="https://www.politico.com/story/2019/07/10/jerome-powell-facebook-libra-1578306">raises “serious concerns”</a> when it comes to its customers’ privacy and money laundering.
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    A firework mishap
    
    At the time of writing, the BTC price is at $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
    
    <blockquote class="twitter-tweet" data-lang="en">
    <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
    
    Buyers aren't confident in this area &amp; it reflects in lack of buying volume
    
    Price could make it as high as $12k (4 hr chart) but IMO will continue down
    
    This could turn into the 'short the rally' type of scenario for now <a rel="nofollow" target="_blank" href="https://t.co/WxKWsN0xAQ">pic.twitter.com/WxKWsN0xAQ</a>
    — Josh Rager ? (@Josh_Rager) <a rel="nofollow" target="_blank" href="https://twitter.com/Josh_Rager/status/1149296428017172481?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    Lee claimed that the BTC price above $10,000 would unlock the highest level of FOMO. Earlier this week, he hit the nail on the head with his prediction by saying that we would see <a href="https://u.today/fundstrats-tom-lee-claims-we-are-currently-at-highest-level-of-fomo">“fireworks for BTC”</a> this week. As we are moving closer to the end of this week, Bitcoin as volatile as ever.
    ') (Line: 1133)
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    Twig\Template->display(Array) (Line: 379)
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    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
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    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
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    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3114 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h231">Libra haunts Bitcoin</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h322">A firework mishap</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Tom Lee, the founder of Fundstrat, is clearly not concerned by Bitcoin’s recent downturn. In his latest tweet, Lee claims that the “painful” $2,000 is invisible on the weekly timeframe.
    
    <blockquote class="twitter-tweet" data-lang="en">
    Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTCUSD</a>
    
    - Painful $2k drop in past day, partially due to <a rel="nofollow" target="_blank" href="https://twitter.com/federalreserve?ref_src=twsrc%5Etfw">@federalreserve</a> Powell comments <a rel="nofollow" target="_blank" href="https://twitter.com/facebook?ref_src=twsrc%5Etfw">@facebook</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Libra?src=hash&amp;ref_src=twsrc%5Etfw">#Libra</a>
    
    - Drop invisible on weekly timeframe
    
    Crypto winter over...<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/BTD?src=hash&amp;ref_src=twsrc%5Etfw">#BTD</a> <a rel="nofollow" target="_blank" href="https://t.co/F5vkQmsWEM">pic.twitter.com/F5vkQmsWEM</a>
    — Thomas Lee (@fundstrat) <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1149292068851859456?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Libra haunts Bitcoin
    
    As <a href="https://u.today/bitcoin-screws-up-highest-price-surge-in-2019-anthony-pompliano-still-believes-in-the-bull-market">reported</a> by U.Today, the top cryptocurrency dropped by more than 10 percent on June 10 after surpassing the $13,000 for the second time this year. The unexpected rally didn’t have any legs, and Bitcoin failed to match the current yearly high of $13,866.
    
    Lee suggests that Federal Reserve Chairman Jerome Powell is the one to blame for Bitcoin’s bad day. According to Powell, Facebook’s Libra, which supposedly fueled the crypto rally in July, <a rel="nofollow" target="_blank" href="https://www.politico.com/story/2019/07/10/jerome-powell-facebook-libra-1578306">raises “serious concerns”</a> when it comes to its customers’ privacy and money laundering.
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    A firework mishap
    
    At the time of writing, the BTC price is at $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
    
    <blockquote class="twitter-tweet" data-lang="en">
    <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
    
    Buyers aren't confident in this area &amp; it reflects in lack of buying volume
    
    Price could make it as high as $12k (4 hr chart) but IMO will continue down
    
    This could turn into the 'short the rally' type of scenario for now <a rel="nofollow" target="_blank" href="https://t.co/WxKWsN0xAQ">pic.twitter.com/WxKWsN0xAQ</a>
    — Josh Rager ? (@Josh_Rager) <a rel="nofollow" target="_blank" href="https://twitter.com/Josh_Rager/status/1149296428017172481?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    Lee claimed that the BTC price above $10,000 would unlock the highest level of FOMO. Earlier this week, he hit the nail on the head with his prediction by saying that we would see <a href="https://u.today/fundstrats-tom-lee-claims-we-are-currently-at-highest-level-of-fomo">“fireworks for BTC”</a> this week. As we are moving closer to the end of this week, Bitcoin as volatile as ever.
    ') (Line: 1133)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
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    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
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    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
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    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3111 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h231">Libra haunts Bitcoin</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h322">A firework mishap</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Tom Lee, the founder of Fundstrat, is clearly not concerned by Bitcoin’s recent downturn. In his latest tweet, Lee claims that the “painful” $2,000 is invisible on the weekly timeframe.
    
    <blockquote class="twitter-tweet" data-lang="en">
    Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTCUSD</a>
    
    - Painful $2k drop in past day, partially due to <a rel="nofollow" target="_blank" href="https://twitter.com/federalreserve?ref_src=twsrc%5Etfw">@federalreserve</a> Powell comments <a rel="nofollow" target="_blank" href="https://twitter.com/facebook?ref_src=twsrc%5Etfw">@facebook</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Libra?src=hash&amp;ref_src=twsrc%5Etfw">#Libra</a>
    
    - Drop invisible on weekly timeframe
    
    Crypto winter over...<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/BTD?src=hash&amp;ref_src=twsrc%5Etfw">#BTD</a> <a rel="nofollow" target="_blank" href="https://t.co/F5vkQmsWEM">pic.twitter.com/F5vkQmsWEM</a>
    — Thomas Lee (@fundstrat) <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1149292068851859456?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Libra haunts Bitcoin
    
    As <a href="https://u.today/bitcoin-screws-up-highest-price-surge-in-2019-anthony-pompliano-still-believes-in-the-bull-market">reported</a> by U.Today, the top cryptocurrency dropped by more than 10 percent on June 10 after surpassing the $13,000 for the second time this year. The unexpected rally didn’t have any legs, and Bitcoin failed to match the current yearly high of $13,866.
    
    Lee suggests that Federal Reserve Chairman Jerome Powell is the one to blame for Bitcoin’s bad day. According to Powell, Facebook’s Libra, which supposedly fueled the crypto rally in July, <a rel="nofollow" target="_blank" href="https://www.politico.com/story/2019/07/10/jerome-powell-facebook-libra-1578306">raises “serious concerns”</a> when it comes to its customers’ privacy and money laundering.
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    A firework mishap
    
    At the time of writing, the BTC price is at $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
    
    <blockquote class="twitter-tweet" data-lang="en">
    <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
    
    Buyers aren't confident in this area &amp; it reflects in lack of buying volume
    
    Price could make it as high as $12k (4 hr chart) but IMO will continue down
    
    This could turn into the 'short the rally' type of scenario for now <a rel="nofollow" target="_blank" href="https://t.co/WxKWsN0xAQ">pic.twitter.com/WxKWsN0xAQ</a>
    — Josh Rager ? (@Josh_Rager) <a rel="nofollow" target="_blank" href="https://twitter.com/Josh_Rager/status/1149296428017172481?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    Lee claimed that the BTC price above $10,000 would unlock the highest level of FOMO. Earlier this week, he hit the nail on the head with his prediction by saying that we would see <a href="https://u.today/fundstrats-tom-lee-claims-we-are-currently-at-highest-level-of-fomo">“fireworks for BTC”</a> this week. As we are moving closer to the end of this week, Bitcoin as volatile as ever.
    ') (Line: 1133)
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    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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    Twig\Template->render(Array, Array) (Line: 40)
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    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
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    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
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    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
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    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
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    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3114 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h231">Libra haunts Bitcoin</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h322">A firework mishap</a></li></ul>
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    Tom Lee, the founder of Fundstrat, is clearly not concerned by Bitcoin’s recent downturn. In his latest tweet, Lee claims that the “painful” $2,000 is invisible on the weekly timeframe.
    
    <blockquote class="twitter-tweet" data-lang="en">
    Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTCUSD</a>
    
    - Painful $2k drop in past day, partially due to <a rel="nofollow" target="_blank" href="https://twitter.com/federalreserve?ref_src=twsrc%5Etfw">@federalreserve</a> Powell comments <a rel="nofollow" target="_blank" href="https://twitter.com/facebook?ref_src=twsrc%5Etfw">@facebook</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Libra?src=hash&amp;ref_src=twsrc%5Etfw">#Libra</a>
    
    - Drop invisible on weekly timeframe
    
    Crypto winter over...<a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/BTD?src=hash&amp;ref_src=twsrc%5Etfw">#BTD</a> <a rel="nofollow" target="_blank" href="https://t.co/F5vkQmsWEM">pic.twitter.com/F5vkQmsWEM</a>
    — Thomas Lee (@fundstrat) <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1149292068851859456?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Libra haunts Bitcoin
    
    As <a href="https://u.today/bitcoin-screws-up-highest-price-surge-in-2019-anthony-pompliano-still-believes-in-the-bull-market">reported</a> by U.Today, the top cryptocurrency dropped by more than 10 percent on June 10 after surpassing the $13,000 for the second time this year. The unexpected rally didn’t have any legs, and Bitcoin failed to match the current yearly high of $13,866.
    
    Lee suggests that Federal Reserve Chairman Jerome Powell is the one to blame for Bitcoin’s bad day. According to Powell, Facebook’s Libra, which supposedly fueled the crypto rally in July, <a rel="nofollow" target="_blank" href="https://www.politico.com/story/2019/07/10/jerome-powell-facebook-libra-1578306">raises “serious concerns”</a> when it comes to its customers’ privacy and money laundering.
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    A firework mishap
    
    At the time of writing, the BTC price is at $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
    
    <blockquote class="twitter-tweet" data-lang="en">
    <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
    
    Buyers aren't confident in this area &amp; it reflects in lack of buying volume
    
    Price could make it as high as $12k (4 hr chart) but IMO will continue down
    
    This could turn into the 'short the rally' type of scenario for now <a rel="nofollow" target="_blank" href="https://t.co/WxKWsN0xAQ">pic.twitter.com/WxKWsN0xAQ</a>
    — Josh Rager ? (@Josh_Rager) <a rel="nofollow" target="_blank" href="https://twitter.com/Josh_Rager/status/1149296428017172481?ref_src=twsrc%5Etfw">July 11, 2019</a></blockquote>
    
    
    Lee claimed that the BTC price above $10,000 would unlock the highest level of FOMO. Earlier this week, he hit the nail on the head with his prediction by saying that we would see <a href="https://u.today/fundstrats-tom-lee-claims-we-are-currently-at-highest-level-of-fomo">“fireworks for BTC”</a> this week. As we are moving closer to the end of this week, Bitcoin as volatile as ever.
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Fundstrat’s Tom Lee Insists That Minor Bitcoin Price Drops Shouldn't Bother You

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Thu, 11/07/2019 - 14:15
Fundstrat’s Tom Lee Insists That Minor Bitcoin Price Drops Shouldn't Bother You
Cover image via U.Today
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Contents
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Tom Lee, the founder of Fundstrat, is clearly not concerned by Bitcoin’s recent downturn. In his latest tweet, Lee claims that the “painful” $2,000 is invisible on the weekly timeframe.

card

Libra haunts Bitcoin

As reported by U.Today, the top cryptocurrency dropped by more than 10 percent on June 10 after surpassing the $13,000 for the second time this year. The unexpected rally didn’t have any legs, and Bitcoin failed to match the current yearly high of $13,866.

Lee suggests that Federal Reserve Chairman Jerome Powell is the one to blame for Bitcoin’s bad day. According to Powell, Facebook’s Libra, which supposedly fueled the crypto rally in July, raises “serious concerns” when it comes to its customers’ privacy and money laundering.

card

A firework mishap

At the time of writing, the BTC price is at $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.

Lee claimed that the BTC price above $10,000 would unlock the highest level of FOMO. Earlier this week, he hit the nail on the head with his prediction by saying that we would see “fireworks for BTC” this week. As we are moving closer to the end of this week, Bitcoin as volatile as ever.

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