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
Hyperlane Shares Airdrop Plans With 57% For Community
Cardano Unveils Veridian, Letting You Own Your Digital Identity
Sui Gets Boost as Utila Unlocks Institutional Features
Grayscale Files Updated S-1 for Spot Solana ETF
Grayscale updates its SEC filing for a spot Solana ETF, signaling growing institutional interest in SOL.Grayscale Pushes Forward With Solana ETF PlansWhy Solana?What This Means for the Market
Trending news
MoreCrypto prices
More
