Tom Lee Says Bitcoin’s ”Fair Value” Will Reach $150K Per Coin

Tom Lee Says Bitcoin’s ”Fair Value” Will Reach $150K Per Coin

The co-founder of the investment firm Fundstrat Global Advisors, Thomas Lee, has now stated Bitcoin’s price is severely undervalued. Bitcoins current ”fair value” is between $13,800 and $14,800 This comes in a recent note to investors delivered this Thursday. In it, Lee expanded on his reasoning, and suggested a more ”fair” valuation of Bitcoin would … Continue reading Tom Lee Says Bitcoin’s ”Fair Value” Will Reach $150K Per Coin

Fundstrat Founder Tom Lee Calls Bear Market a ”Golden Time” for Crypto

Fundstrat Founder Tom Lee Calls Bear Market a ”Golden Time” for Crypto

BlockShow Asia is currently underway, and today saw Fundstrat Global Advisors’ co-founder Tom Lee make an appearance. Moreover, Lee held a speech in which he argued that the current bearish cryptocurrency market sentiment is good for crypto. Bear market a golden time for cryptocurrency First of all, Lee outlined the three main reasons he regards … Continue reading Fundstrat Founder Tom Lee Calls Bear Market a ”Golden Time” for Crypto

Tom Lee: Year-End Bitcoin Price Still $15,000

Tom Lee Year-End Bitcoin Price Still $15,000

Even though the market is coming down, Tom Lee stands by his end-of-year prediction of $15,000 for bitcoin (BTC). Bitcoin year-end prediction In a recent interview with CNBC, the major Wall Street cryptocurrency bull Tom Lee stands fast of his already reduced bitcoin prediction. Lee earlier predicted a price of $20,000 at the end of … Continue reading Tom Lee: Year-End Bitcoin Price Still $15,000

Fundstrat’s Tom Lee Predicts Ethereum to Surge to $1,900 by Late 2019

Tom Lee Predicts $20,000 Bitcoin in 2018, Says Emerging Markets and Weakened US Dollar Are Crucial

The current lack of major cryptocurrency market movement would not seem to have deterred analysts from making spectacular price forecasts. Most recently, Fundstrat’s Head of Research, Tom Lee, has made the rounds with a fresh bullish prediction for Ethereum. Specifically, Bloomberg reports that Lee supposedly believes that Ethereum is about to see a ”trend reversal”, … Continue reading Fundstrat’s Tom Lee Predicts Ethereum to Surge to $1,900 by Late 2019