Wall Street analyst Tom Lee, a well-known bitcoin bull who's been all over the flagship cryptocurrency for years now, explains to us what a BTC breakout would at this point mean, while speaking to CNBC.
Notably, Lee has been viewing a $25,000 year-end price target for the flagship cryptocurrency, and while he has made predictions about potential pumps in the past, you've got to admire his works just by looking at the amount of data he uses to make his predictions.
Acording to him it takes only 10 days for BTC to make its year's gains, and along with it every other cryptocurrency, so I would still hodl my funds. STEEM may also pump in about 10 days as we've seen late last year. While most of mine is locked in Steem Power, it's good to know our power will gain value.