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Bitcoin Could Bounce, Headwinds Can Turn into Tailwinds: Tom Lee
Yahoo Finance·2025-11-06 19:50

Bitcoin's recent break below a key technical level was driven by a cascade of macroeconomic headwinds. Still, these pressures could soon reverse and fuel a rebound, according to popular market analyst Tom Lee, Co-Founder and Head of Research at Fundstrat Global Advisors. The top cryptocurrency recently broke below its 200-day moving average, a technical indicator watched closely by traders. The move lower coincided with a period of significant deleveraging within the crypto market, including the major ev ...