Fundstrat Global Advisors Managing Partner Tom Lee, bitcoinThe USD value of (BTC) in subsequent years 200 thousand dollarsHe claimed he could rise to a According to Lee, many US investors will stop dealing with bonds and eventually change their strategy towards the cryptocurrency market.
Believing that interest rates will lead many American investors to cryptocurrencies, Lee said that this could increase the price of Bitcoin to $ 200 thousand.
Wall Street strategist Thomas Lee is mostly on Bitcoin. bull He is known for his predictions. Publishing his first report on BTC five years ago, Lee predicted that the asset would be between $15,000 and $50,000 by 2022. However, not all of Lee’s predictions came true. So much so that the famous analyst last year said, “It is quite reasonable to see $ 100,000 for Bitcoin by the end of the year.” he said. However, Bitcoin finished 2021 at a maximum of $69,000. However, Lee was not the only analyst who failed to meet the $100,000 target.
Although Tom Lee’s prediction in 2021 has not come true, the bull hopes in Bitcoin are not extinguished. Stating that the total household net worth in the US is currently at the level of 142 trillion dollars, the analyst stated that people will probably lose money as bond holders in the next ten years. For this reason, he said he believes there will be a lot of money flowing into Bitcoin.
Acknowledging that it is difficult to accurately predict the future, the analyst
It’s very hard to be precise in crypto if one doesn’t really have a crystal ball. Draws of 40% are really common and can make most of Bitcoin’s earnings in 10 days. It’s hard to be clear about cryptocurrencies.
he said.