A certain famous analyst predicts the 2019 cryptocurrency market! "It will hit a bottom within 2019 and enter a recovery phase"
Analysts Predict Cryptocurrency Market Will Recover in 2019
Fundstrat, a research firm based in New York, USA, has published analysts' 2019 outlook for cryptocurrencies in a report.
Although the cryptocurrency market is currently in a downturn, analysts predict that the environment surrounding cryptocurrencies will gradually improve in 2019, leading to a rise in prices.
Tom Lee, co-founder of Fundstrat and a cryptocurrency-advocate analyst, commented on this survey report on his Twitter account.
On Twitter, Tom Lee explains the market trends from 2017 to the present using a diagram.
He states that “the situation is gradually improving in nine aspects, ultimately providing a basis for price increases.”
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