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Fundstrat Global Advisors' founder, Tom Lee, pointed out that the value currently reported by his company's Bitcoin trust indicator (BTC), the Misery Index (BMI), had never been seen in a bear market. Lee made his comments during an interview with Cointelegraph published on April 19.
During the interview, Lee noted that, until 2018, the BMI had not exceeded 50 years, while it has recently reached a value of 89. According to Lee, values above age 67 never materialized in a bear market.
Continue reading on Coin Telegraph
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