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

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