The senior analyst of the market, Bobby Lee, made statements about the future of cryptocurrencies and the $ 100,000 Bitcoin (BTC) forecast that he voiced earlier.
Analyst Bobby Lee, who has been following Bitcoin for many years and often stands out with his predictions, spoke about cryptocurrencies in a live broadcast on CNBC. happened last month FTX after its bankruptcy cryptocurrencies are definitely in a bear market who thinks he is leestated that this process is part of the cycle:
In 2022, we have seen big decreases in cryptocurrencies, including Bitcoin. But at the end of the day, Bitcoin hasn’t changed. Its supply is still limited and the interest of investors continues.
Directed by CNBC reporter “when will the bull season come” Responding to the question in a hesitant way, Lee said, Do not expect a bull season in 2023. and for that 2025 stating that it probably needs at least 2 more yearspointed to:
I think the bear season will definitely continue next year. We probably have to wait 2 years for the bull to come back. However, it is difficult to say where the bear market will end and at what price the bottom will occur.
The main focus of the regulations is “crypto companies and exchangesThinking that there should be ”, Lee stated that the pressures and bans to be applied on certain cryptocurrencies will not move the industry forward. To increase consumer protection and restore confidence in cryptocurrency markets that regulations are necessary This kind of development will ignite a potential bull, according to Lee, who suggests.
Lee had previously told him Estimated $100,000 When asked “Unfortunately after reaching $69,000 the bull market has ended and we are now in the depths of a crypto bear market. It’s unfortunate but that’s how loops are” he replied.
Lee said there will be a significant rally from FOMO last October, which will keep Bitcoin going by the end of the year. 100,000 dollars He claimed that he would exceed his limit. Lee used a similar expression before. 2019 pronounced at the end of the year.
On the other hand, Lee in August 2018 In a post he made, in the next few years, Bitcoin’s to the band of 60 thousand dollars He claimed that it would rise, and he was right in this prediction.