{"id":371009,"date":"2019-02-11T00:00:07","date_gmt":"2019-02-11T00:00:07","guid":{"rendered":"https:\/\/wncen.com\/?p=371009"},"modified":"2024-06-11T07:44:23","modified_gmt":"2024-06-11T07:44:23","slug":"fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/","title":{"rendered":"Fundstrat&#8217;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin"},"content":{"rendered":"<p>After Friday&#8217;s straight out of left field rally, analysts have begun to express optimism for the first time in a blue moon. In fact,\u00a0one industry insider claims that technical analysts centered on Bitcoin (BTC) are switching gears from bearish to bullish. But will their forecasts hold up?<\/p>\n<h6 style=\"text-align: center\">Related Reading:\u00a0<a href=\"https:\/\/wncen.com\/2019\/02\/10\/analyst-claims-that-bitcoin-btc-could-surge-to-5000-in-coming-weeks\/\">Analyst Claims That Bitcoin (BTC) Could Surge to $5,000 in Coming Weeks<\/a><\/h6>\n<h2><strong>Tom Lee Downs The Bitcoin Red Pill Again<\/strong><\/h2>\n<p>It appears that Tom Lee has downed the Bitcoin red pill yet again. After making an appearance\u00a0on <em>Fox Business,<\/em>\u00a0in which he touted his decidedly optimistic sentiment, the Fundstrat Global Advisors co-founder and research head took to Twitter to double-down on a bullish narrative.<\/p>\n<p>Citing, a piece of analysis from the ill-named &#8220;Magic Poop Cannon,&#8221; a well-followed, yet oddly titled crypto trader, Lee remarked that technical analysts that were bearish in early-2019 are becoming &#8220;incrementally bullish&#8221; on BTC. But why is that?<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">CRYPTO: Some TA&#39;s who were bearish in 2019 are becoming incrementally bullish on <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BTC<\/a><br \/>The one below refers to the 200-week mavg acting as support, something <a href=\"https:\/\/twitter.com\/rsluymer?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@rsluymer<\/a> <a href=\"https:\/\/twitter.com\/fundstrat?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@fundstrat<\/a> TA also noted as key support for Bitcoin.<a href=\"https:\/\/t.co\/QOBqcQ83FV\" rel=\"nofollow\">https:\/\/t.co\/QOBqcQ83FV<\/a><\/p>\n<p>&mdash; Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) <a href=\"https:\/\/twitter.com\/fundstrat\/status\/86800641?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 10, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the analysis that Lee, a former managing partner at <a href=\"https:\/\/wncen.com\/2019\/01\/29\/bitcoin-failed-as-a-safe-haven-to-the-u-s-stock-market-jp-morgan-analyst\/\">JP Morgan &amp; Chase<\/a>, cited, the odds are increasing that the &#8220;Bitcoin Bear&#8221; is dead. Magic, who made a comment that BTC is most likely to bottom at $2,000 earlier this week, remarked that Friday&#8217;s jaw-dropping rally presents a positive technical case for the flagship cryptocurrency.<\/p>\n<p>The trader <a href=\"https:\/\/www.tradingview.com\/chart\/BLX\/jpUV6pNG-Odds-Increasing-That-The-Bitcoin-Bear-is-Dead-BTC-BLX\/\" rel=\"nofollow\">remarked<\/a> that Friday&#8217;s 8% move, which set BTC above $3,700, rallied back into a triangle formation that was important before the late-January sell-off. Magic claims that if BTC can close its daily candle above ~$3,600, &#8220;this [will be] very bullish.&#8221;<\/p>\n<p>Magic then drew parallels between the 2014\/2015 bear season bottom and the price action seen as of late. He concluded that while there are differences, BTC is currently &#8220;trending in a similar manner to the way it moved at the exact bottom of the last bear market.&#8221;<\/p>\n<p>Yet, it was also explained that the 200-week moving average remains a key line of support for Bitcoin, meaning that a foray under that level, currently situated at $3,300, could reverse this trend.<\/p>\n<h2><strong>Fundstrat Is Optimistic On 2019&#8217;s Prospects For Crypto<\/strong><\/h2>\n<p>As hinted at earlier, Lee&#8217;s recent &#8220;hopium&#8221; high comes after he made an appearance on American television to talk Bitcoin. He explained on-air that\u00a0$25,000 is a \u201cfair value\u201d for the leading cryptocurrency, citing\u00a0the thirst for an uncorrelated digital asset that isn\u2019t only used for speculative purposes, but as a newfangled form of money and store of value too.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-371011 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?resize=750%2C500\" alt=\"\" width=\"750\" height=\"500\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=3000 3000w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=2048 2048w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/shutterstock_766297087-e84.jpg?w=1140 1140w\" sizes=\"(max-width: 750px) 100vw, 750px\"><\/p>\n<p>This recent comment also comes after Lee&#8217;s New York-based investment advisory outfit released its 2019 Crypto Outlook report. As <a href=\"https:\/\/wncen.com\/2019\/02\/10\/fundstrat-bitcoin-fundamentals-turn-positive-2019\/\">reported<\/a> by <em>NewsBTC<\/em> previously, Fundstrat laid out a number normal of macro, technical, fiat-to-crypto inflows, blockchain\u00a0technology, and equity trends to explain why the outlook for Bitcoin and other cryptocurrencies could improve over 2019.<\/p>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>After Friday&#8217;s straight out of left field rally, analysts have begun to express optimism for the first time in a blue moon. In fact,\u00a0one industry insider claims that technical analysts centered on Bitcoin (BTC) are switching gears from bearish to bullish. But will their forecasts hold up? Related Reading:\u00a0Analyst Claims That Bitcoin (BTC) Could Surge to $5,000 in Coming Weeks Tom Lee Downs The Bitcoin Red Pill Again It appears that Tom Lee has downed the Bitcoin red pill yet again. After making an appearance\u00a0on Fox Business,\u00a0in which he touted his decidedly optimistic sentiment, the Fundstrat Global Advisors co-founder and research head took to Twitter to double-down on a bullish narrative. Citing, a piece of analysis from the ill-named &#8220;Magic Poop Cannon,&#8221; a well-followed, yet oddly titled crypto trader, Lee remarked that technical analysts that were bearish in early-2019 are becoming &#8220;incrementally bullish&#8221; on BTC. But why is that? CRYPTO: Some TA&#39;s who were bearish in 2019 are becoming incrementally bullish on #BTC $BTCThe one below refers to the 200-week mavg acting as support, something @rsluymer @fundstrat TA also noted as key support for Bitcoin.https:\/\/t.co\/QOBqcQ83FV &mdash; Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) February 10, 2019 According to the analysis that Lee, a former managing partner at JP Morgan &amp; Chase, cited, the odds are increasing that the &#8220;Bitcoin Bear&#8221; is dead. Magic, who made a comment that BTC is most likely to bottom at $2,000 earlier this week, remarked that Friday&#8217;s jaw-dropping rally presents a positive technical case for the flagship cryptocurrency. The trader remarked that Friday&#8217;s 8% move, which set BTC above $3,700, rallied back into a triangle formation that was important before the late-January sell-off. Magic claims that if BTC can close its daily candle above ~$3,600, &#8220;this [will be] very bullish.&#8221; Magic then drew parallels between the 2014\/2015 bear season bottom and the price action seen as of late. He concluded that while there are differences, BTC is currently &#8220;trending in a similar manner to the way it moved at the exact bottom of the last bear market.&#8221; Yet, it was also explained that the 200-week moving average remains a key line of support for Bitcoin, meaning that a foray under that level, currently situated at $3,300, could reverse this trend. Fundstrat Is Optimistic On 2019&#8217;s Prospects For Crypto As hinted at earlier, Lee&#8217;s recent &#8220;hopium&#8221; high comes after he made an appearance on American television to talk Bitcoin. He explained on-air that\u00a0$25,000 is a \u201cfair value\u201d for the leading cryptocurrency, citing\u00a0the thirst for an uncorrelated digital asset that isn\u2019t only used for speculative purposes, but as a newfangled form of money and store of value too. This recent comment also comes after Lee&#8217;s New York-based investment advisory outfit released its 2019 Crypto Outlook report. As reported by NewsBTC previously, Fundstrat laid out a number normal of macro, technical, fiat-to-crypto inflows, blockchain\u00a0technology, and equity trends to explain why the outlook for Bitcoin and other cryptocurrencies could improve over 2019. Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":366203,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,10923],"class_list":["post-371009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-crypto-market"],"acf":[],"yoast_head":"\n<title>Fundstrat&#039;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin<\/title>\n<meta name=\"description\" content=\"Fundstrat&#039;s Tom Lee claims that technical analysts are becoming &quot;incrementally bullish&quot; on Bitcoin. This comes after he claimed that $25,000\/BTC is &quot;fair.&quot;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fundstrat&#039;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin\" \/>\n<meta property=\"og:description\" content=\"Fundstrat&#039;s Tom Lee claims that technical analysts are becoming &quot;incrementally bullish&quot; on Bitcoin. This comes after he claimed that $25,000\/BTC is &quot;fair.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-11T00:00:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:44:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000\" \/>\n\t<meta property=\"og:image:width\" content=\"3000\" \/>\n\t<meta property=\"og:image:height\" content=\"2000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Fundstrat&#8217;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin\",\"datePublished\":\"2019-02-11T00:00:07+00:00\",\"dateModified\":\"2024-06-11T07:44:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/\"},\"wordCount\":465,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000\",\"keywords\":[\"bitcoin\",\"crypto market\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/\",\"url\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/\",\"name\":\"Fundstrat's Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000\",\"datePublished\":\"2019-02-11T00:00:07+00:00\",\"dateModified\":\"2024-06-11T07:44:23+00:00\",\"description\":\"Fundstrat's Tom Lee claims that technical analysts are becoming \\\"incrementally bullish\\\" on Bitcoin. This comes after he claimed that $25,000\/BTC is \\\"fair.\\\"\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000\",\"width\":3000,\"height\":2000},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fundstrat&#8217;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"caption\":\"Nick Chong\"},\"description\":\"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.\",\"url\":\"https:\/\/wncen.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"Fundstrat's Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin","description":"Fundstrat's Tom Lee claims that technical analysts are becoming \"incrementally bullish\" on Bitcoin. This comes after he claimed that $25,000\/BTC is \"fair.\"","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/","og_locale":"en_US","og_type":"article","og_title":"Fundstrat's Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin","og_description":"Fundstrat's Tom Lee claims that technical analysts are becoming \"incrementally bullish\" on Bitcoin. This comes after he claimed that $25,000\/BTC is \"fair.\"","og_url":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-02-11T00:00:07+00:00","article_modified_time":"2024-06-11T07:44:23+00:00","og_image":[{"width":3000,"height":2000,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000","type":"image\/jpeg"}],"author":"Nick Chong","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Nick Chong","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/"},"author":{"name":"Nick Chong","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"Fundstrat&#8217;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin","datePublished":"2019-02-11T00:00:07+00:00","dateModified":"2024-06-11T07:44:23+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/"},"wordCount":465,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000","keywords":["bitcoin","crypto market"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/","url":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/","name":"Fundstrat's Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000","datePublished":"2019-02-11T00:00:07+00:00","dateModified":"2024-06-11T07:44:23+00:00","description":"Fundstrat's Tom Lee claims that technical analysts are becoming \"incrementally bullish\" on Bitcoin. This comes after he claimed that $25,000\/BTC is \"fair.\"","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000","width":3000,"height":2000},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Fundstrat&#8217;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","caption":"Nick Chong"},"description":"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.","url":"https:\/\/wncen.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Fundstrat&#8217;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin","url":"http:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","crypto market"],"dateCreated":"2019-02-11T00:00:07Z","datePublished":"2019-02-11T00:00:07Z","dateModified":"2024-06-11T07:44:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Fundstrat&#8217;s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/fundstrats-tom-lee-technical-analysts-becoming-incrementally-bullish-on-bitcoin\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_723030592-1-e05.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"crypto market\"],\"dateCreated\":\"2019-02-11T00:00:07Z\",\"datePublished\":\"2019-02-11T00:00:07Z\",\"dateModified\":\"2024-06-11T07:44:23Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/12\/shutterstock_723030592-1-e05.jpg?fit=3000%2C2000","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/371009"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=371009"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/371009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/366203"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=371009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=371009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=371009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}