Crypto bull Tom Lee lays out risks to $200,000 bitcoin price target: CNBC Crypto World

29 Comments

1. BITCOIN IS ONLY CAPABLE OF TRADING SIDEWAYS BETWEEN 29K AND 65K. THE CRYPTO WINTER WONT BE OVER UNTIL THERE ARE MULTIPLE DAILY CLOSES ABOVE 65K AND I DONT SEE THAT HAPPENING ANYTIME SOON IF EVER.

2. Don't fight the trend" is an old saying, and there are other variants of the phrase like "never catch a falling knife." The bottom line is that traders should not try to anticipate trend reversals, or even worse, try to improve their average while losing. It really doesn't matter whether one is trading soy futures, silver, stocks or cryptocurrencies. Markets generally move in cycles, which can last from a few days to a couple of years. In B -TC’s case, it's hard for anyone to justify a bullish case by looking at the chart. It is much more complicated than some would have you believe but from Coach Kenny approach, bear market aren’t worth losing from if you use the ongoing new bie/investor programs. A portfolio I got into the strategy with 1.3BTC was quickly increased to 6.7btc.

3. Crypto is scam , ponzi scam .

4. BITCOIN has given back some of its recent gains and whales are accumulating because they believe the price is attractive from a long term perspective. On the downside, analyst I believes $ 33k is a strong bottom for BTC. The odds of Bitcoin declining below 30k are poor, best thing to do is trade your asset rather than hold for a future you aren’t sure about. People who follow my analysis have made over 200% in profit. It’s about following instructions always. I have been talking about SP 500 in my videos for quite some time now. The market has always been volatile and it is in my own opinion that the market will remain favorable if you understand what you are up against.

5. <We all don't really need to worry about the dump in Bitcoin price, Bitcoin still remains one of the best investment one could make in life. More persons are gonna be millionaires and we have bitcoin to thank for that

6. Woops. You put your money into a currency that requires a lot of energy to mine and trade while real energy prices are going up.

7. I’m going to have to disagree with Tom Lee

8. Cryto is the future I sold all my hold and bought BTC

9. When o see Tom Lee advices something i do the opposite. This piece of shut is a scam

10. This guy is turning into a Cathie wood

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13. good

14. I would like to see the US government shut down Tether. I think bitcoin is not worth it anymore. Why would anyone spend their money on this when you have organisations printing their own coins from nothing, then swapping for btc which causes short term price spike, then dumping that btc on the market to cause lower price and buying back on the discount? It is a false economy and retail investors are being openly fleeced. Frankly the operators of tether and similar so called stable coins engaging in this, should be in jail. Just look at the tether price every time btc starts to go up (teth goes goes down). Why because tether holders (and printers) are selling/minting swapping tether for bitcoin. Conversly when bitcoin goes down, you see teth price rise, which is the next cog in the works, as those same btc holders then swap tether for btc ((a sell order on tether, buy on btc). These are down by machines much faster than any retail investor can follow. This will be one for the history books with people shaking their heads saying how could the government have allowed that to happen. BIggest con in history.

15. Bitcoin traders should avoid attempting to predict trend reversals, or even worse, I believe there is more to this market than we currently understand. When people are losing, they don't endeavour to increase their average. Using expert Paul Charlton’s assistance, I've made almost 9.5 btc on a 2 btc Trade capital over the last 8 months. Things could get worse, so make the wise decision. Markets fluctuate in cycles that might span anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case merely by glancing at the chart. It's a lot more complicated than some people want you to believe.You can reach Paul on ͲeIєɠɾαm👉PAULCHARLTON

16. I've been around for more than 1/2 century and I have seen my share of stock market contractions. Saw the birth of video gaming, and the birth of the internet, to name a few. Now, I get to witness the birth of blockchain and Crypto, and I can personally attest that Crypto is a completely different beast from the US stock market. 100% agree that there should be a guarded approach to crypto investing. You may not win hearts and minds of everyone, but you have and are earning respect for telling the truth and trying to help others to look out for themselves. I'm super picky who I listen too for crypto analysis.. I have made over 23` btc from day trading with Marcellus Braylon Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish

17. Bitcoin is for speculation.

18. This is dumb and condescending – typical MSM

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24. I like Tom a lot, but he was wrong when he said BTC was going to $100k by year end 2021.

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