Fundstrat Global Advisors, senior analyst, and market strategist Tom Lee, the leading crypto-currency Bitcoin ‘s (BTC) spoke about the movement in recent days and expressed that it gradually becomes a safe haven.
Lee responded to the question ”Is Bitcoin really a safe haven? Fox when interviewing Fox Business:
”Yes, you can see it in the markets. In times of confusion, local Bitcoin prices tend to rise and be traded higher than the market. This is because people are looking for ways to protect their money. So my answer is yes. ”
Miss Bitcoin Diversification Tool
Lee also recalled that Bitcoin in did a very good job yıl this year and that last December, when the price was around $ 3,000, it rose from $ 10,000 to $ 13,000 this year. Fundstrat’s renowned analyst, Bitcoin, explained that he did not actually have a bond with securities or bonds, so he was an excellent tool for investment diversification.
According to Lee, Bitcoin is only ”resting için for the time being, which means that the price will rise in the coming days.
”I think Bitcoin will go to a much higher level by the end of the year and potentially exceed the all-time high. I think people who want to allocate a 2% or 1% share of Bitcoin take a very logical step in case things go wrong. ”
Lee stated that we were at the highest level of FOMO a month ago and made important statements again.