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Bitcoin News Alerts | Daily BTC News

1117: Tom Lee Says He’s Still a Bitcoin Bull, Predicts Crypto Firms Emerge Stronger From FTX Collapse!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 28 November 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

Hedge fund veteran Tom Lee remains long-term bullish on Bitcoin (BTC) and expects the crypto industry to come out of its bear market stronger than before. In a new interview on CNBC, the Fundstrat managing partner says while 2022 has been “terrible” for crypto investors with the collapse of FTX, he thinks a new chapter could be emerging. “Nobody has made money in crypto in 2022, but it’s not that different than 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something like [$3,200] or so, that was the time that some of the best projects were created. So I think that it’s an important moment for the industry. I think it is cleansing a lot of bad players, and I think it’s important." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:11.7

In today's show, I'm going to be sharing with you the five things to watch out for in the Bitcoin market this week, including Bitcoin miners facing a shakeout as one metric warns as the November monthly closed looms for the King Crypto,

1:17.2

and quoting Rich Dad, SBF, FTT, FTX, crypto code for I see stupid people.

1:22.9

Stupid people who believe brand name universities can turn polyamorous weirdos into financial geniuses, big universities are as corrupt as Big Pharma. SBF and Fachi are both power-hungry

1:29.5

nerds. Wake up. We are being awoked in quoting Max Kaiser. El Salvador's economy is riding up an

1:35.1

escalator while the rest of the world crashes down an elevator shaft. Also in today's show,

1:40.3

Red Alert, AAX Exec leaves the crypto exchange amid ongoing operational halt.

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