Earlier this month Fundstrat Global Advisors made the prediction that the Consensus conference would generate a price spike for Bitcoin. Well, Tom Lee and crew were wrong...again.
The Consensus conference occurred for this week and was marked by a notable decline in the price of Bitcoin.
Maybe the false hype from Fundstrats merry pranksters caused a run up leading to the conference which could only fall apart once the big week arrived. It feels like every thing Tom Lee touches turns to fiat, at least he's consistent.
I wonder why you guys even listen to all these bullshit predictors. This is bitcoin market and using all those fundamentals to think that bitcoin would just start increasing all of a sudden like that is absurd. They are always trying to use their position to want to generate some hype, hoping they may actually get to see the market hit some pretty huge level. They are always going to be wrong with their baseless predictions as far as I am concerned.