Bitcoin bottomed after a textbook 20% selloff, and a new uptrend is likely underway, Fundstrat's Tom Lee says

1:09pm PDT - April 28th, 2021    bitcoin price - Business Insider

Summary List Placement

  • A new uptrend in bitcoin is "likely underway," according to a note from Fundstrat's Tom Lee. 
  • After a textbook 20% sell-off, bitcoin has found support near the $47,000 level, Lee said.
  • Traders should look for b…