Tom Lee lists five reasons why Bitcoin will enter a bull market in 2020

According to Cointelegraph news, Fundstrat co-founder Tom Lee said in a speech on blockchain economy 2020 that the most important generation of trade in the next 20 years will be around the disruption of the financial industry. The most important of these technologies will be blockchain and encryption. Lee said that 2020 will be a bumper year for the price of Bitcoin. He also said that the cryptocurrency community should be very optimistic in 2020, as it is now at the reliable beginning of a bull market. Bitcoin is the best performing asset in 2019, beating the S & P 500 Index (which reached its highest level in nearly 25 years). In addition, Lee listed five reasons why Bitcoin will enter a bull market in 2020, including the 2020 U.S. election, halving Bitcoin, geopolitical tensions in the U.S. and Iran, the spread of a new coronavirus, and the return of Bitcoin in January. Above the 200-day moving average.