Fundstrat Research Director Expects Bitcoin Price to Reach $150,000 This Year
Fundstrat Global Advisors Managing Partner and Research Director Tom Lee said in an interview with CNBC on Wednesday that he expects the price of Bitcoin to reach $150,000 this year. Regarding his long-term price prediction for Bitcoin, he reiterated his forecast of reaching $500,000 within five years.
Lee described Bitcoin as a "sound currency" and emphasized that this cryptocurrency is very secure and has proven to be a good risk asset and excellent store of value. (Bitcoin.com)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Beam: 3 Reason’s Mpeppe Is Gaining Attention From BEAM and SUI investors
Beam (BEAM) Whales Migrate Into New Beam (BEAM) Rival Mpeppe Positioned To Skyrocket In 2024
Crypto Wallet Exodus Movement (EXOD) Partners with Major Hardware Manufacturer!
Exodus Movement has teamed up with Ledger, a leading hardware manufacturer, to launch a new crypto exchange aggregator.
According to JPMorgan Research Report, There Is a First in Bitcoin (BTC) Mining!
Bitcoin (BTC) mining earnings took a major dive in the first half of September, with the Bitcoin price remaining below $60,000.
Trending news
MoreCrypto prices
More
