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via BeInCrypto · By BeInCrypto Editorial
Tom Lee Wants a 10% Crash Before S&P 500 Hits 8,000, Bitcoin Already Had One
BTC
BTC/USDT
$63,090.01
-0.05%
$63,090.01
-0.05%
(24s)24h Volume
$2,488,863,636.72
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0026%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(05:22 PM UTC)
1 min read
Fundstrat’s Tom Lee expects the S&P 500 to reach 8,000 by the end of August. He also expects a 10% correction, and he argues the market would be better off getting one.
Lee made the case on CNBC after a mild July inflation print lifted stocks to fresh records. Crypto investors watching from a $63,000 Bitcoin may find the argument uncomfortably familiar.
Why Tom Lee Wants a Correction Before…
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