Tom Lee Declares 'Market Has Bottomed', Bullish on Cryptocurrency 'Magnificent Seven'

Following the easing of the situation in Iran, a rise is predicted. Tom Lee, co-founder of Fundstrat and chairman of BitMine, appeared on CNBC on the 9th, stating that the stock market has already bottomed out. He reiterated his bullish outlook, anticipating a full recovery in stock prices triggered by a relief rally following the easing of tensions in Iran. Lee cited, as a basis for his view of the market bottoming, that despite the worsening Iran conflict and rising oil prices last week...