$25,000 Bitcoin Price Prediction is ‘Conservative’: Wall Street Strategist

$25,000 Bitcoin Price Prediction is ‘Conservative’: Wall Street Strategist

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. FundStrat Global Advisor co-founder Tom Lee turned heads when he first predicted that the bitcoin price could reach $25,000 by 2022, but he has maintained this bullish stance even amid the severe downturn that immediately followed China’s ban on initial coin offerings and bitcoin exchanges. One-Year Bitcoin Price Chart from Coinbase In the first episode of Business Insider’s web segment “the bit”, Lee explained his methodology in arriving at the $25,000 number — which he says is a conservative estimate. He revealed that FundStrat values bitcoin […]