Bloomberg published an article where Tom Lee’s next bullish prediction was displayed, now he expects the Bitcoin uptrend to speed up after the Consensus 2018 event that takes place between 14-16 May and will be hosted at the New York Hilton Midtown.

Fundstrat was launched by former Wall Street permabull Tom Lee back in 2014 and has been existing as an independent research boutique, providing market strategy and sector research. The founder has constantly been a loud voice in the scene and has made several predictions including the one where he explained that sell pressure on BTC will ease after the US citizens finish their tax period.

Now he is bullish on the biggest conference to date as he explained to Bloomberg: “We expect the Consensus rally to be even larger than past years,” he also added “Bottom line: We expect BTC and cryptocurrencies to behave similarly to prior years and rally during Consensus.”

We checked on how accurate that thought it and found that there was a short rally after both Consensus 2016 and Consensus 2017 followed by a correction and a rally afterwards. Even though this doesn’t seem like the best indicator in times when banks line up to open Bitcoin futures or swaps trading, we still believe that there will be many positive information from a lot of participants of the crypto sphere. Keep in mind that a lot of altcoin projects have prepared bigger announcements and news for the upcoming event.