Fundstat co-founder and strategist Tom Lee predicted that Bitcoin will hit $25,000 by the end of this year, in an interview with CNBC. Lee had previously said that Bitcoin could reach this point in 2022.
The Wall Street strategist said that Bitcoin will reach $125,000 by 2022, in a new statement.
Lee’ His prediction came after the instability in the cryptocurrency market that emerged with Bitcoin falling below $10,000. Just days before the December crash, one Bitcoin was trading at $20,000.
‘The biggest buying opportunity in 2018’
Lee continued:
“We expect Bitcoin’s low to hit $9000 and there will be aggressive buyers around this level. […] We see the $9000 level as the biggest buying opportunity in 2018.”
Lee also added that Ethereum and Ethereum Classic are about 90 percent by year-end, NEO’s He said that he will see 50 percent growth.