BTC would hit $25,000 by the end of 2018.

Fundstrat’s Tom Lee has forecasted that Bitcoin’s price will reach $91,000 by March 2020, basing his prediction on a chart that shows Bitcoin’s (BTC) performances after past market dips, Forbes reported March 17.
The Forbes piece notes that because 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.

Lee has been predicting high prices for BTC since its price was below $3,000. In July 2017 Lee had already stated that Bitcoin would hit $55,000 by 2022. More recently, in January of this year, Lee said that BTC would hit $25,000 by the end of 2018.

Lee and Fundstrat also recently released the “Bitcoin Misery Index” in early March, which is described as a “contrarian index’ that lets investors know how “miserable” BTC holders are at the current price.