🚨 TOM LEE JUST CALLED THE LARGEST BULL CYCLE YET 👀
Fundstrat's Tom Lee says "the crypto bull market is underway, and the cycle is likely to be the largest." His math: since 2012, Bitcoin has crossed above its 200-day moving average 9 times, and 8 of those 9 marked bull markets.
The setup right now: $BTC holds around $83K, sitting above its key moving averages. Fear & Greed just ticked up to 64 (Greed) from 59 yesterday. Even sovereign reserves keep stacking, El Salvador's strategic reserve just hit 7,800 BTC. That kind of confluence is rare.
Does this 200-day cross lock in the bull market, or is Tom Lee calling the top? 👇
Not financial advice. DYOR.
#crypto #bitcoin #BTC
Fundstrat's Tom Lee says "the crypto bull market is underway, and the cycle is likely to be the largest." His math: since 2012, Bitcoin has crossed above its 200-day moving average 9 times, and 8 of those 9 marked bull markets.
The setup right now: $BTC holds around $83K, sitting above its key moving averages. Fear & Greed just ticked up to 64 (Greed) from 59 yesterday. Even sovereign reserves keep stacking, El Salvador's strategic reserve just hit 7,800 BTC. That kind of confluence is rare.
Does this 200-day cross lock in the bull market, or is Tom Lee calling the top? 👇
Not financial advice. DYOR.
#crypto #bitcoin #BTC