The Ten Rules of Bitcoin Investing: Rule No. 5

Jun 11, 2020 • 3 Min Read

(’s head of research Tom Lee revealed the first five of his ten rules of Bitcoin investing on April 23, 2020, and gave an updated outlook for the remainder of the year. The webinar is available on the website and the following is a condensed version of his comments. This is the second in a series of 10 reports from his webinar, one for each of his rules. Stay tuned for the next one.)

The Ten Rules of Bitcoin Investing: Rule No. 5

The Rule of ‘The Ten Best Days.’

If you have read the first four parts of this series, you’d know that:

1 the U.S. is going to be very important in the continued development of Bitcoin and crypto currencies;

2 the Bitcoin Misery index is a proprietary FSI tool that has been a good way to evaluate how investors feel about Bitcoin’s price action;

3 Bitcoin’s 200-day moving average (dma), and the halvening, which took place May 11, are important factors to consider;

4 Bitcoin performs best when the Standard & Poor’s 500 index is performing well.

In Rule No. 5, it’s important for investors to know that ...

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