Fund Lee's founding partner and strategist Tom Lee predicted today that Bitcoin will reach $ 25,000 by the end of this year in an interview with CNBC. Previously, Lee had predicted Bitcoin would reach this point in five years.
Tom Lee: "Twelve thousand in 2022."
The Wall Street strategist updated his forecasts for Bitcoin in an interview today with CNBC. Lee predicted the crypto currency would reach $ 125,000 by 2022.
Lee's prediction came after a week of extremely volatile trading in the crypto money market. During the week, Bitcoin declined to the level of 10 thousand dollars, which was lower than the price on December 22, 2017.
Following the decline in December, Bitcoin broke a record with 20 thousand dollars.
"If we see the lowest amount of year for bitcoin, it will rise."
Tom Lee, who stated that the level of $ 9,000 seen this week will be the lowest price for Bitcoin in 2018, underscored that this is an important opportunity for investors:
