/The Bitcoin Misery Index, BMI, Is Flashing A Buy Signal

The Bitcoin Misery Index, BMI, Is Flashing A Buy Signal



Tom Lee, Fundstrat Global Advisors’ Head of Research, introduced a Bitcoin Misery Index, or BMI, on Friday. Lee describes the BMI as a proxy for how investors feel about Bitcoin’s “price action.” It is a numerical index that ranges from 0 to 100 and incorporates the win-ratio, or percentage of days that …

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