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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” $2,000 is invisible on the weekly timeframe.
<blockquote class="twitter-tweet" data-lang="en">
Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&src=ctag&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&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&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 $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
<blockquote class="twitter-tweet" data-lang="en">
<a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
Buyers aren't confident in this area & 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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Twig\Template->render(Array, Array) (Line: 40)
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twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
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call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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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” $2,000 is invisible on the weekly timeframe.
<blockquote class="twitter-tweet" data-lang="en">
Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&src=ctag&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&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&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 $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
<blockquote class="twitter-tweet" data-lang="en">
<a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
Buyers aren't confident in this area & 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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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” $2,000 is invisible on the weekly timeframe.
<blockquote class="twitter-tweet" data-lang="en">
Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&src=ctag&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&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&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 $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
<blockquote class="twitter-tweet" data-lang="en">
<a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
Buyers aren't confident in this area & 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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Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
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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” $2,000 is invisible on the weekly timeframe.
<blockquote class="twitter-tweet" data-lang="en">
Important to step back and focus on the bigger picture and long-term time frames on <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> <a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTCUSD&src=ctag&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&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&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.
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A firework mishap
At the time of writing, the BTC price is at $11,684.44, already showing some vague signs of recovery. However, even if the coin’s price does manage to rally again, trader Josh Rager still sees it as a shorting opportunity given that the currency buying volume is too small.
<blockquote class="twitter-tweet" data-lang="en">
<a rel="nofollow" target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> not overly convinced with the volume
Buyers aren't confident in this area & 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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