Poll: Fundstrat’s Tom Lee Suggests Wall Street Institutions Are Bullish on Bitcoin Price

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Poll: Fundstrat’s Tom Lee Suggests Wall Street Institutions Are Bullish on Bitcoin Price

Fri Oct 05, 2018 6:21 pm

Overly Optimistic?
Tom Lee, Fundstrat Global Advisors managing partner and head of research, polled 25 institutions to determine their feelings on the world’s leading cryptocurrency. This was compared against a Twitter poll, which received 9,500 responses.

According to the findings, those on Wall Street stated that Bitcoin’s price has already bottomed. However, a majority of those on Twitter suggested otherwise, reports CNBC. Of the findings, 54 percent from Wall Street stated that the worst was over for Bitcoin. This is compared to 44 percent from Twitter.

Interestingly, Wall Street institutions appear to be more bullish on Bitcoin’s price. This is notable considering they are generally seen as more cautious. Yet, the figures suggest that by the end of 2019, they expect the crypto’s price to rise to $15,000 and even to “the moon.”


https://www.livebitcoinnews.com/poll-fu ... oin-price/

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