Sunday, September 2, 2018

Tom Lee, speaks highly of BTC

 Lee is a Bitcoin permabull known for his optimistic price targets for the dominant cryptocurrency, has said that Bitcoin will likely end the year explosively higher possibly at $20,000.

Still, despite the weak performance of emerging market ETFs, Lee expects the price of Bitcoin to surpass $20,000 by the end of 2018, expecting a large rally like the December price movement of Bitcoin in 2017.
If emerging markets recover by the year’s end and developments in the global finance industry gear towards the devaluation of the US dollar, Lee believes the price of Bitcoin will experience an explosive movement before December.

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