$Invesco QQQ(QQQ)$ Does Tom Lee read that post? His gold and silver about to crash? Massive move on Bitcoin possible?
Fundstrat’s Lee sees a crypto comeback once precious metals cool.
Fundstrat managing partner Tom Lee predicts that crypto markets will likely catch up once gold and silver begin to take a break.
Crypto should be going up on a weaker dollar and an easing Federal Reserve.
However, it doesn’t have the leverage tailwind because the industry delevered. He said, "as long as gold and silver are rising, there’s FOMO into buying that instead of crypto."
"Because when gold and silver take a break, that would lead to a Bitcoin and Ethereum surge."
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