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.
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