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Bitcoin will hit $ 100,000 by year-end, expert says

Fundstrat co-founder Tom Lee made a new prediction about the future price at which Bitcoin. Lee, predicted that the most famous cryptocurrency could go up to $ 100,000 per unit by the end of 2021.

In fact, the expert joined the team of TechCheck to discuss the current state of the markets and his advice on Bitcoin after the cryptocurrency reached highest level since mid-May.

According to the financial advisory firm Fundstrat Global Advisors, Bitcoin would touch that number by the end of the year. “One hundred thousand at the end of the year is quite reasonable“predicted Tom Lee, its director in an interview with CNBC.

“While the hysteria surrounding the continued increase in delta variant infection continues to grow, the IHME (Institute for Health Metrics and Evaluation – followed worldwide) predicts that Covid-19 infections in the US will peak this week“Fundstrat noted in a report. Tom Lee added, that the atmosphere of ‘risk’ that could increase towards the end of the year will help drive various market segments, including Bitcoin. This excites his prediction of a broad rally for Bitcoin to End of the year.

“Bitcoin has a $ 100,000 opportunity in a rally that sweeps the stock market“he added.

Bitcoin value to dollar

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Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: Tammy@oicanadian.com Phone: +1 513-209-1700

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