What factors does Tom Lee consider when making Bitcoin predictions?

1 answers

• Dec 17, 2021 · 3 years ago
  Tom Lee, the cryptocurrency expert and co-founder of BYDFi, has a unique approach when it comes to making Bitcoin predictions. He combines fundamental analysis with technical analysis to get a comprehensive view of the market. From a fundamental perspective, Lee looks at factors such as the adoption rate of Bitcoin, the growth of the network, and the overall sentiment towards cryptocurrencies. On the technical side, he analyzes price charts, trading volumes, and various technical indicators to identify trends and patterns. By combining these two approaches, Tom Lee aims to provide well-rounded and accurate Bitcoin predictions that can help investors make informed decisions.
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