{"id":370904,"date":"2019-02-10T00:00:44","date_gmt":"2019-02-10T00:00:44","guid":{"rendered":"https:\/\/ktsl888.com\/?p=370904"},"modified":"2024-06-11T07:44:22","modified_gmt":"2024-06-11T07:44:22","slug":"fundstrat-bitcoin-fundamentals-turn-positive-2019","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/fundstrat-bitcoin-fundamentals-turn-positive-2019\/","title":{"rendered":"Fundstrat: Bitcoin Fundamentals “Should” Turn Positive Over 2019"},"content":{"rendered":"

While 2018’s lethargic crypto market crawl has continued into early-2019, save for Friday’s sudden buy-side influx<\/a>, analysts have begun to express optimism. Case in point, Fundstrat Global Advisors, a New York-headquartered investment advisory outfit, expressed why the outlook for Bitcoin and other cryptocurrencies could improve over 2019.<\/p>\n

Fundstrat Expects Bitcoin Fundamentals To Improve<\/h2>\n

In a recent tweet outlining the premise of a company report, Thomas Lee, the co-founder of Fundstrat, expressed why cryptocurrencies’ prospects could move from “negative” to decidedly “positive” over the course of 2019. Lee & Co., who called fundamentals “convergence trends,” laid out a normal of macro, technical, fiat-to-crypto inflows, blockchain\u00a0technology, and equity trends to back their analysis.<\/p>\n

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CRYPTO: we see 9 incremental improvements in the landscape that ultimately support higher prices. <\/p>\n

See below… pic.twitter.com\/7DSrfVjkoi<\/a><\/p>\n

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) February 8, 2019<\/a><\/p><\/blockquote>\n