$BTC bull Thomas (Tom) Lee (not drummer) FundstratDirect.com calling for a possible retracement to $70k with a possibility of entertaining $50k. Before the next leg higher.

Putting his reputation on the line as far as I am concerned. Tom Lee has been known for making the bull market call, but he can't say numbers like $50K and hold onto that trophy if it never gets close before rocketing to $120k and then only retraces to the mid $80K's. Just sayin'

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@fundstrat Nah.

@fundstrat Hard pass on revisiting $58k gang.

@fundstrat No one knows anything and agree

@fundstrat But he still thinks 250k is possible. Talking out of both sides of his mouth right now tbh. And I like him, but that is what it looks like

@fundstrat Lol there's no such thing as a dip to $50k from $108k before a next leg higher. That would mean we're in a bear market.

@fundstrat This seems out of character for, Tom. A pullback to 50k even as a flash wick would be pretty extreme in its bull-run stage…40% drawdown…maybe, but 50%+? Feels a bit engineered but color me not surprised…

@fundstrat My Fibonacci bro 😂😂

@fundstrat And next week Tom will say BTC will hit $150k by March 😂 I get you have to adjust to what the market is telling you, but Tom loves to throw out crazy price targets in short periods.

@fundstrat He’s wanting to buy in lower.