Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO

In a recent appearance on CNBC’s “Squawk Box,” Tom Lee, Fundstrat Capital CIO and head of research, suggested that Bitcoin may still have a ways to fall before posting a substantial recovery. During the January 13 segment, Lee spoke about the broader market concerns—such as inflation, bond yields, and earnings—before drawing a parallel to the crypto space, specifically Bitcoin’s trajectory.... source: https://www.newsbtc.com/news/bitcoin/bitcoin-drop-into-50000s-before-skyrocketing-fundstrat-ceo/