If you’ve been following the cryptocurrency space at all over the past few months, you likely know of the plight of Bitcoin investors. Since hitting $14,000 in June, the price of BTC has fallen by nearly 50%, trading at $7,400 as of the time of writing this article.
While already bad enough, analysts, like prominent gold proponent Peter Schiff and hedge fund manager Mark Dow (who shorted Bitcoin at $20,000 in December 2018), have suggested that it may get worse for the crypto market.
Though one top industry researcher is sticking to his guns, claiming that Bitcoin is likely going to trend strongly heading into 2020. The researcher in question is Thomas Lee, the co-founder of Fundstrat Global Advisors as a noted Bitcoin “permabull.”
Lee recently sat down with CNBC’s “Market…