Fundstrat's Tom Lee says he's a buyer of the bitcoin pullback, now sees more than 35% gains from here
Fundstrat co-founder Tom Lee increases his mid-2018 price target on bitcoin to $20,000 from $11,500 based on higher user volume.
The target raise comes after a volatile day in which bitcoin tumbled to a low of $10,400, down 47 percent from a record high hit Sunday.
"We are buyers of bitcoin on this pullback," says Lee, who is the only widely followed market strategist to issue a report focused on predicting bitcoin's price.
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