Bitcoin could ‘easily double’ in 2018, says Fundstrat’s Tom Lee
Sometimes it is hard to believe in all kinds bullish predictions especially in times of uncertainty in the bitcoin market, or in any cryptocoin market.
Tom Lee is like a drowning man trying to call the attention of an ocean liner. Is he a good swimmer hehehe?
On a near-term basis, Lee expects bitcoin to reclaim its December high. "We think that by mid-2018, we're going to be part of the way there, and that's why we get [bitcoin to $20,000]," he said. "If [bitcoin] can actually rise close to [that $20,000 level] in the first half of this year, I think in the second half of 2018, we'll see a move bigger than that," Lee said. "So I think bitcoin is still something you should own [all year]."
Read the full article https://www.cnbc.com/2018/01/09/bitcoin-could-easily-double-in-2018-says-fundstrats-tom-lee.html
Tom Lee is like a drowning man trying to call the attention of an ocean liner. Is he a good swimmer hehehe?
On a near-term basis, Lee expects bitcoin to reclaim its December high. "We think that by mid-2018, we're going to be part of the way there, and that's why we get [bitcoin to $20,000]," he said. "If [bitcoin] can actually rise close to [that $20,000 level] in the first half of this year, I think in the second half of 2018, we'll see a move bigger than that," Lee said. "So I think bitcoin is still something you should own [all year]."
Read the full article https://www.cnbc.com/2018/01/09/bitcoin-could-easily-double-in-2018-says-fundstrats-tom-lee.html