Tom Lee Predicts Bitcoin To Reach $91,000
Tom Lee, from Fundstrat Global Advisers has predicted the price of Bitcoin will be $91,000 in March 2020. He is basing his prediction on the chart below. The chart shows the performance of Bitcoin after past market corrections similar to the one we are in now.
Lee has used the average percentage gained in Bitcoin price after each dip to arrive at the his price prediction. Lee also compared the recent decline to the the decline of 2013. The 2013 decline was followed by a rally of more than 55,000%.
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I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs.
It's always fun to see the predictions and speculation of different people in regards to bitcoin. I would love to see how high it goes. I'll definitely be watching and waiting ☺ Thanks for sharing!
For future viewers: price of bitcoin at the moment of posting is 8367.00USD
Amazing
👍👍
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Read your blogs and although I am a post different kind off blogs I am always interested in the tech-crypto blogs. The HODL one is usefull I HODL and set a bar for myself and never cross it and like in real life you win some you loose some😳
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Wishing g you good luck
Greetz from Holland
Esto es impresionante. Gracias por la información.
Saludos desde Venezuela