{"id":55459,"date":"2019-08-20T16:00:54","date_gmt":"2019-08-20T14:00:54","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=55459"},"modified":"2019-08-20T10:28:30","modified_gmt":"2019-08-20T08:28:30","slug":"can-bitcoin-btc-price-revisit-20000-analyst","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/can-bitcoin-btc-price-revisit-20000-analyst\/","title":{"rendered":"Can the Bitcoin (BTC) Price Revisit $20,000? Analyst Weighs In"},"content":{"rendered":"\n
While Bitcoin (BTC) hasn’t had the best past few weeks, some analysts are keeping their heads high, remaining staunch bulls. Thomas Lee, the co-founder of Fundstrat Global Advisors, is one of those bulls. <\/p>\n\n\n\n
The prominent cryptocurrency pundit recently sat down on Fox Business, which he has frequented over the past couple of months, to talk up Bitcoin. During his segment<\/a>, the analyst Lee, who has been one of Bitcoin\u2019s most staunch bulls for two years now, made the argument that Bitcoin truly is a safe haven, which would thus give BTC inherent value, contrary to what its cynics suggest. <\/p>\n\n\n\n He argues that due to the premiums currently being seen in the Bitcoin markets in places where crisis has struck, namely Hong Kong, it is clear that there are people looking to protect their wealth in the cryptocurrency.<\/p>\n\n\n\n