bitcoin prediction by tom lee 2018

Tom Lee, one of Wall Street's Strategist Experts, Bitcoin's prospect is a promising long-term prospect. Lee wrote a note to clients of Fundstrat Global Advisors that bitcoin prices from early to mid-2018 would reach over $ 6,000. He also predicts that Bitcoin prices will continue to rise up to $ 25,000 by 2022.

He believes that several factors will cause Bitcoin to rise to more than $ 6,000. One of them is the increase in public adoption in the use of Bitcoin as a store of wealth and financial investment by 50%. Lee said "We see Bitcoin succeeded in obtaining institutional licenses and improving the transaction platform, so that public adaptability becomes greater."

Followed by the Cryptographic Options and Futures Options Approval Agreement, first acquired by LedgerX and CBOE Holdings, will increase the volume of Bitcoin transactions as a whole.

Even in the future the Central Bank may also acquire Bitcoin if Bitcoin Capitalization has reached $ 500 billion, such capitalization would have occurred if the price of Bitcoin had reached the level of $ 30,000.