RATE Group | Tom Lee’s Five Simple Reasons for a Bitcoin Bull Run in 2020
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Tom Lee’s Five Simple Reasons for a Bitcoin Bull Run in 2020

27 Feb Tom Lee’s Five Simple Reasons for a Bitcoin Bull Run in 2020

Posted at 17:44h in Bitcoin News by

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Fundstrat’s Tom Lee was the main highlight of last week’s Blockchain Economy 2020 event in Istanbul, Turkey. Taking the stage on day two, Lee addressed a crypto-savvy audience for about half an hour.

Before delving into why Bitcoin (BTC) would see a price hike this year, Lee started his speech with a nod to the famous comparison between the internet and blockchain:

“The most important generational trade over the next twenty years is going to stand around the disruption of the financial industry. And the most important of these technologies are going to be blockchain and crypto.”

Those two topics are here to stay, but picking winners and losers is still very difficult, he noted.

Nevertheless, 2020 will be a good year for Bitcoin’s price, according to Lee. During his keynote, he repeatedly said that the crypto community should be very optimistic in 2020, “as we are now in a proven start of a bull market.” Lee went on to add:

“Bitcoin is the single most performing asset of…

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