Investing.com – There’s nothing like a cryptocurrency lovefest to spark a rally in bitcoin.That’s the thinking of Wall Street crypto bull Tom Lee of Fundstrat Global Research.In a note to clients, Lee noted that Bitcoin (
$70,795.00 ) always rallies around the time of the Consensus Conference, the major blockchain technology gathering in New York City in the spring. Lee says Bitcoin ( $70,795.00 ) has gained between 10% and 70% during and after the conference the past three years and expects more of the same this year with the May 14-16 event. Bitcoin ( $70,795.00 ) has struggled to break through the $10,000 level, after rebounding from its 2018 low of about $6,600 in April.
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