.fundstrat claims Bitcoin is maintaining key support levels despite regulatory hurdles
lacks inherent value, Lee defends the cryptocurrency, highlighting its basis in trust and network value. Comparing it to other financial systems and assets like the dollar or tech stock prices, he contends that these are all underpinned by the same principles that uphold Bitcoin. He claims that Bitcoin's ability to hold its levels demonstrates its resilience and potential for growth.
In the interview, Lee acknowledged that Bitcoin and gold often attract different types of investors, with Bitcoin appealing more to the younger, millennial demographic. However, he sees this as an advantage for the future of Bitcoin, stating that as wealth transfers to younger generations over the next 20 years, the cryptocurrency is likely to continue growing in popularity and value.
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