Major Wall Street analyst Thomas Lee, the co-founder Fundstrat Global Advisors, appeared on CNBC’s Fast Money and reaffirmed his short-term price target of $25,000, despite the nationwide ban on bitcoin exchanges issued by the Chinese government and its financial regulators.
It is interesting to see a major analyst take a strong bull position on Bitcoin and give it a target point of $25,000 per coin. Hopefully we will see more and more analyst share this sentiment to continue to push more people and funding into bitcoin so that there is more real world applications for Bitcoin.
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