This "Bitcoin Misery Index" Says Now Is a Great Time to Buy

Despite the gloomy name, the Bitcoin Misery Index is an indicator with a practical purpose - it identifies when BTC is overbought or oversold. Created by Fundstrat Global Advisors co-founder Tom Lee, the BMI is flashing the strongest "buy" signal since 2014. With Bitcoin down 58% from its all-time high in December, we're looking at a particularly attractive profit opportunity. Here are all the details on this new Bitcoin indicator... Tags: Bitcoin Prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This "Bitcoin Misery Index" Says Now Is a Great Time to Buy appeared first on Money Morning - We Make Investing Profitable .