contrary, 2018 has disappointed many, but the internet does not forget and so many of the forecasts by other notable names in the industry still stand. Regardless of the exact reasoning, enough factors have piled up to send the market into a state of fear, and as a result, the entire cryptocurrency market has been bleeding out with no end in sight. Bkcm LLC, who agrees with Draper on the USD 250k by 2022 forecast. Still, Lee is bullish on more institutional involvement bolstering prices into the end of this year. Morgan's former chief equity strategist. Co-founder and Fundstat strategist, tom Lee predicted that, bitcoin (BTC) will hit 25,000 by the end of this year in an interview with cnbc today, Jan. Lee predicts that 9,000, or just below the lows seen this week, will be the price floor for BTC this year. He later amended this end-of-the-year forecast, pulling it down to a USD 22,000 - USD 20,000 range. Lee also offered predictions for several altcoins, forecasting that. The digital currency split into two versions - "Bitcoin ABC or core Bitcoin Cash, and "Bitcoin SV short for "Satoshi's Vision." Bitcoin Cash itself is a result of a fork from bitcoin, after a disagreement on the best way to scale a digital currency.
Lee, chief equity strategist.P. The launch of ICE, Starbucks and Microsoft-backed Bakkt and Fidelity entering the market is "part of a broader creation of infrastructure necessary for institutional involvement he said. Given the current market sentiment, reaching Lees year-end target would seemingly be impossible, which may explain Lees reluctance to make another prediction. Other, less attention-grabbing predictions include investor Tim Draper, who was told by spirits that Bitcoin would reach USD 250,000 by 2022; Anthony Pompliano, co-founder and partner. This includes the mounting fears surrounding a potential global economic collapse and the corresponding de-risking by investors, initial coin offering treasuries selling off assets to fund operations, and the normal market cycling following the break of a parabolic advance. Source: iStock/cybrain, it seems that, famous Bitcoin bull and head. He started out by saying that Bitcoin could climb back to USD 20,000 by mid-year and even reach USD 25,000 by the end of December. Tom Lee Tight-Lipped on Future Price Predictions.
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