Tom Lee: Bitcoin Passed Key Stress Test Amid Oil Volatility

Fundstrat’s Tom Lee has said that Bitcoin passed a major test after it rallied over the weekend while oil prices surged due to the ongoing conflict in the Middle East. According to him, the price action was a sign that the massive deleveraging from last October is finally behind the market, allowing Bitcoin to re-emerge as a credible store of value. The Speculation Has Been Cleared Out Lee was speaking to CNBC’s Scot…