Well, market has tanked and Bitcoin is still below $5000. There's no Bullish momentum to indicate a pull back right now as market is testing lower lows and trying to find a bottom. Majority of crypto space is Bearish towards crypto except Tom Lee, an All time crypto bull who have his own crypto predictions.
Tom Lee predicted that Bitcoin will cross $25000 by this year end but after seeing the market Bearish run, Tom Lee lowered his prediction to $15000 per Bitcoin by the end of this year.
He said market will see a pull back very soon and likely to test $15000 this year.
Now, Tom Lee also showed his concern over XRP. He says that XRP is acting like a safe haven for crypto investors right now as Bitcoin is declining while XRP is rising.
XRP also has overtaken Ethereum position as the second largest cryptocurrency in crypto space. With over $20 Billion market cap, XRP has become second largest crypto in crypto space right now.
Well, the Bullishness of Tom Lee is pretty dope when he speaks following statements:
“I think that digital assets are going to be relevant in a world where growth is increasingly digital. So to me, Bitcoin is a real bet on a project where we have 50 million wallets – there’s five billion Visa cards. And so I think the runway is really adoption in the future by Millennials.
Now, let's see how and when market will move according to Mr. Tom Lee's predictions.
Thanks for reading ..!!
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