You know what
WBF’s Lee is saying the same thing.
Fundstrat’s Lee: Bitcoin is ‘Underappreciated’, Will Reach $25,000
The bitcoin bears may be in control at the moment, but that is not leading one cryptocurrency market strategist to recoil. Fundstrat Global co-founder Thomas Lee is standing firm on his outlook for the bitcoin price to reach USD 25,000 by year-end despite the fact that the leading cryptocurrency has just revisited April lows and slumped to the USD 7,500 threshold.
The market drop is serving as an indication that “bitcoin is underappreciated”, Lee said on CNBC, adding that’s why Fundstrat likes it at USD 8,000. He reiterated his top-10 day theory, in which historically all of bitcoin’s annual gains are achieved on the best 10 trading days of the year. Lee reminds investors that “bitcoin doesn’t have to go up in a diagonal line.”……
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