Tom Lee emphasized that he did not give up the "$ 25,000" estimate he had made over the past few months, and that it is still possible, as he is a founding partner of Fundstrat . In his analysis of Lee, attention was paid to the correlation between emerging markets and Bitcoin's ups and downs. According to Lee, Bitcoin is not even close at the end of the year at the highest price level.
With successful emerging markets, Bitcoin is at risk and under pressure can make jumps. He also stressed that in many countries there is a strong demand and transition towards crypto-currencies due to the traditional economy now fluctuating in the global market. In this case, only one event can be predicted even looking to Turkey.
share of emerging markets by Lee at the moment in a very attractive location and is therefore faced with a serious demand. In support of his $ 25,000 estimate, Tom Lee said that Bitcoin prices could remain quite stable despite the negative news over the past week. The prohibition decisions from China and the Bitcoin ETF rejection did not move the price too much.
The post Tom Lee Decision Stable: Bitcoin 25,000 Dollars Still Out! appeared first on Koin Bulletin.
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