Tom Lee, co-founder and head of research at Fundstrat Global Advisors, despite the constant decline in prices for Bitcoin, continues to make very optimistic forecasts for 2019. Lee is confident that the number 1 cryptocurrency will again show significant growth.
Lee, explaining his point of view, states the following:
Fair value is significantly higher than the current Bitcoin price. In fact, to determine the current price, it is necessary that the number of cryptocurrency wallets fall from the current 50 million to 17 million.
Lee is also confident that the fair value of BTC will be $ 150,000 if the number of active wallets approaches seven percent from 4.5 billion Visa account holders.
The co-founder of the Fundstrat has always expressed its optimistic views on the No. 1 cryptocurrency. Lee estimates that the price of BTC can grow to 10 million dollars within 10 years.
Currently, the price of Bitcoin is $ 3 321, which is 3.05% lower than yesterday.
And what do you think about such optimistic forecasts of Tom Lee?
