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Tom Li says February does not “look great” for Bitcoin, but the stocks look mature to capture it amid Trump’s sale of Trump.

The famous market strategy Tom Lee On Monday, it recommended the purchase of shares amid the last market sales of the president Donald Trump Definitions, but I advised caution to Bitcoin BTC/USD.

What happened: Li, the administrative partner and the head of research in Gulldstrat Global Counselorsand I mentioned In an interview with CNBC, Bitcoin may face short -term obstacles despite their long -term strong potential.

“But I think there is still an argument that in the short term Bitcoin is one of the origins of the risk, so the market liquidation, which has occurred during the weekend, Bitcoin takes great success. So I say that February does not seem great to Bitcoin in the short term.”

I think that the $ 95,000 brand was “might not the ground for this month” and Bitcoin might decrease to $ 70,000 before resuming its upward direction. The analyst said the additional negative aspects will provide the opportunity to buy.

See too: Elon Musk says that Treasury officials “break the law every hour” with approval

As for stocks, he told me that the market is usually “exaggerating the reaction” of foreign developments such as commercial wars.

“If this is the first reaction, then I may think the second reaction is the retreat from some of this decline.”

Why do it matterThese comments have preceded a strong recovery in the future of arrows and encrypted currencies after Trump stopped the customs tariff in Canada and Mexico.

the Download Jones Industry House Futures It rose 0.21 % to this writing, while Bitcoin rose again over $ 100,000.

My latest expectations are in line with its previous predictions about bitcoin. Last month, Bitcoin was expected to test support levels at $ 70,000 or even a range of $ 50,000. However, he kept a long -term bullish position, targeting $ 250,000 in 2025.

Price: At the time of writing this report, Bitcoin has exchanged hands at 101,179.34 dollars, an increase of 7.44 % in the past 24 hours, according to it. Data from Benzinga Pro.

Compliment image: Shutterstock.com

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