Investors emerging from a tough bear market bitcoin And altcoinWhile waiting for a rally from the locals, price predictions continue to come from experts on this subject.
In this context, the final estimate is Fundstrat Global Advisors partner And Bitcoin supporter Tom Lee’came from
Speaking to CNBC, Tom Lee stated that Bitcoin could experience an increase of over 500% from the current level in five years.
BTC’Stating that the company can reach $ 200,000, Tom Lee said:
“Bitcoin is very useful. I think in the US the financial system is considered to work well for everyone. But the system works well for people with money.”
in the USA spot Bitcoin ETF Expressing that the impact of their applications was underestimated, Lee continued his words as follows:
“I think people underestimate the Bitcoin ETF and its importance. If a spot Bitcoin ETF were to be allowed at this time, its multiplier would be one-fourth. In other words, the effect of a one-dollar entry on Bitcoin’s price change will be four dollars.
I expect the US to greenlight a spot Bitcoin ETF, and I think this will be a very important and underestimated bullish catalyst for Bitcoin.”
*Not investment advice.
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