Bitcoin continues to recover on May 14, once again updated the price record for 2019. For now, the course has already overcome the $8,200-mark and changes hands at $8,277 with the clear intention to reach $8,300.
Meanwhile, widely known in the community Thomas Lee, the Head of Research at Fundstrat Global Advisors, decided to ask the users at what stage sceptics who gloated in connection with the fall of cryptocurrency rates would massively change their minds. Before he closed the Twitter vote this weekend, it has collected about 8,000 records. Most of the voting participants believe that Bitcoin will once again force sceptics to review their position once the price exceeds 10,000.
Recently, Tom Lee shared analytical data that Bitcoin usually generates its profit only for some 10 days a year. In other words, every year real money with the help of bitcoins can be earned only within a very short time - a trend that has been observed in the Fundstrat since 2013.
In addition, an analyst from the Wall Street noted the global introduction of cryptocurrency in the economies of some countries (despite the fact that this has not happened in the USA yet): the devaluation of national currencies in Venezuela and Turkey significantly increased the use of cryptocurrencies among the population.