Is Bitcoin Broken? Tom Lee Says Bitcoin Misery Index Indicates No

Fundstrat Bitcoin Misery Index

Tom Lee has always remained optimistic about Bitcoin. True, the Tom Lee Bitcoin price target did change from $25 thousand to $20 thousand last month, but the Fundstrat co-founder is still confident. In fact, Lee remains confident because of what the Fundstrat Bitcoin Misery Index is indicating.

Fundstrat Bitcoin Misery Index: BTC is at 39%

On Monday, Tom Lee went against the Bitcoin bears, announcing that no, Bitcoin “isn’t broken,” even if it stays at the current price—which, at press time, is $7,120.73. He also said that Bitcoin is not broken if it’s holding at the …

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