FUNDSTRAT / Tom Lee Publishes Results of Their Questionnaire Showing Key Institutionsal Crypto Market Positioning / TLDR Overview

in #crypto-news6 years ago (edited)


On the institutional front, Fundstrat published the results of their questionnaire.

-- which shows that:

  • 82% of institutions polled believe that Bitcoin has bottomed out;

  • 65% believe that crypto assets will appreciate if there is a global recession;

  • 67% believe that Ether will not be classified as a security,

  • and 41% believe BTC will trade between $20k - $30k by the end of 2018.


Enlarged:

--

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Tom Lee is well known in the markets:

Thomas Lee
@fundstrat
Co-founder Fundstrat Global. Analysis not opinions. Data science speaks louder than gurus.


The links are here:

https://twitter.com/fundstrat/status/988817606604881920


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