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Bitcoin predictions from Tom Lee: Even $200,000 is possible

Tom Lee, one of the leading strategists of Wall Street, known for her supportive stance on Bitcoin, repeated the conventional theory of seizing the power of gold in an interview with Business Insider.. According to Lee’s research and theory, 1 Bitcoin will reach $25,000 if the total market cap of Bitcoin approaches 5 percent of the total market value of gold.

Lee is also quite high. thinks that price predictions are highly likely:

“We will reach $25,000 in just 5 percent. In some portfolios, the slice reserved for Bitcoin is around 10 or 15 percent.. Therefore, ads such as $100,000 or $200,000 can be easily achieved.”

Lee, in the short term -mid-2018 – the price of Bitcoin He stated that he thinks he will see $6000.

‘They forget about the times when the volatility of gold was the same as Bitcoin’

Lee says that people often find the price in Bitcoin Reminding that there was talk about its high volatility, he said, “It is true.. When people talk about the volatility of Bitcoin today, they forget that gold had similar volatility for a period of 4 years.”

The famous strategist added that the new generation sees Bitcoin as a store of value.

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