10 Jan '18, 7pm

Bitcoin Price Will ‘Easily Double’ in 2018, Says Wall Street Strategist https://t.co/t9LAtPl4WL

Bitcoin Price Will ‘Easily Double’ in 2018, Says Wall Street Strategist https://t.co/t9LAtPl4WL

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Tom Lee, co-founder of the market strategy firm Fundstrat Global Advisors and a well-known bitcoin bull, sees bitcoin’s price “easily double” this year. While speaking on CNBC’s “Futures Now,” the Wall Street strategist even considered the possibility of seeing bitcoin triple in 2018. As reported by CCN, Lee initially set his bitcoin price target for $11,500 for mid-2018, and then increased it to $20,000 as the cryptocurrency’s intrinsic value had increased over the last few months due to the growth of new bitcoin wallets, according to him. Justifying his increasingly bullish take on the cryptocurrency, Tom Lee stated that he thinks it’s still early for investors to “appreciate how much development and uses cases are being built around bitcoin.” To him, bitcoin’s current volatility is just ...

Full article: https://www.ccn.com/bitcoin-bull-tom-lee-sees-bitcoin-eas...

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