Co-founder of Fundstrat Global Advisors Tom Lee believes that Bitcoin remains the most convenient crypto currency, despite the withdrawal of the Alchemists from the bear market.
According to him, investors are comfortable, that in the future Bitcoin, most likely, will be considered as a commodity.
He also stressed that the main crypto currency remains "in its field" even in the event of changes in the market rules. In this regard, Lee is not going to stop buying Bitcoin.
Tom Lee: "The bear market for the Altokemon finished" The
investor released a note in which he suggested that the altokans finally left the bear market.
According to Fundstrat, the rate of these crypto-currencies fell for some time, reaching a total of 3%.
According to Lee, the lesser known tokens will be in "purgatory" at best until mid-August due to the uncertainty of regulation.
Bitcoin, according to the investor, will grow to $ 20 thousand by the middle of the year, and by the end it will reach $ 25 thousand. Further forecasts Fundstrat promise that the cost of crypto currency in 2020 will be $ 91 thousand.
Lee noted that at present the total cost of Bitcoin on the world market is approximately $ 8,000, CNBC reports.