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Fundstrat Expects 2019 to Bring Incremental Improvements Supporting Higher Crypto Prices


Fundstrat Global Advisors issues its 2019 crypto outlook stating that the major coins will soon recover.

New York-based research company Fundstrat Global Advisors has released its 2019 crypto outlook on Friday, Feb. 8. The analysts describe incremental improvements that will purportedly support higher prices for cryptocurrencies.

Tom Lee, Fundstrat’s co-founder and pro-crypto Wall Street analyst, commented on the study in his Twitter. He posted an introduction to the study and infographics that trace key market tendencies from 2017 to now.

“We see 9 incremental improvements in the landscape that ultimately support higher prices,” Lee’s tweet states.

The preview of the introduction chapter provides a brief assessment of 2018, which, according to Fundstrat, has brought a lot of disappointment.

The analysts state that negative headwinds, such as the initial coin offering (ICO) post-hangover, adverse…



Read Full Story : Cointelegraph.com News

2019-02-10 18:43:00

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