Tom Lee predicts $91,000 Bitcoin by March 2020
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Fundstrat’s Tom Lee predicted that Bitcoin’s price will reach $91,000 by March 2020.
In early March, Lee and Fundstrat recently released the “Bitcoin Misery Index” , that is described as a “contrarian index’ which helps investors be aware of how “miserable” BTC holders are at the current price.
In July 2017 Lee had mentioned that Bitcoin may hit $55,000 by 2022. Recently, in January of this year, Lee said that by the end of 2018, BTC would hit $25,000.
Lee has been forecasting the high prices for BTC since its price was below $3,000. The chart is based on a logarithmic scale as opposed to the traditional linear-based graph, BTC’s highs and lows are not as distinct, the Forbes piece notes.
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Thats a good prediction though too high.
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