Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

Advertisement Today, Fundstrat’s Tom Lee has reaffirmed his $30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to see the BTC price fall to the $5,000 region before recovering and initiating a…