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Fundstrat's Tom Lee: Bitcoin Misery Index Signal Crypto "Isn't Broken"

• https://www.zerohedge.com, by Helen Partz

In the interview, the Wall Street bull referred to the current indicators of Fundstrat's recently launched Bitcoin Misery Index (BMI), which aims to inform investors of how "miserable" holders of the currency are based on its price and volatility.

With bitcoin back below $7K, Fundstrat's Tom Lee reveals what will save the cryptocurrency from CNBC.

According to Lee, when the index is below 27, it shows that future returns are very good, while if it surpasses 68 percent, it is "time to sell Bitcoin."


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