Tom Lee: Encrypted icebreaking success, Bitcoin may hit a new high around 2020

Fundstrat Global founder Tom Lee recently predicted in an interview that Bitcoin (BTC) has not completed its upside and may hit a new high around 2020. Lee explained that three of the 11 signs (ie, blockchain, technical indicators, and volume) indicate that encryption has passed the freezing period. Among them, the volume of transactions is related to OTC dealers, who are “very important for institutional investors to trade cryptocurrencies”. According to Lee, the level of activity based on the number of customers has increased to 60%-70%.