Fundstrat’s Tom Lee Highlights Why Bitcoin Price Rally May Continue

Quick Summary:

With Bitcoin’s price climbing 34% in November and currently trading near $91,395, Tom Lee outlined several factors suggesting the cryptocurrency’s upward momentum may persist.

Fundstrat Head of Research Tom Lee has emphasized that Bitcoin’s recent surge could mark the beginning of a sustained rally.

Technical analyst Coosh Alemzadeh has observed patterns in Bitcoin’s chart that indicate the potential for further growth.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Tom lee 24/7 Cryptocurrency News Bitcoin News Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 19:03:13 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 37 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23671810

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Year Established: 2017

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News Last Updated: 8 hours ago

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