Tom Lee is still confident of his bitcoin exchange rate forecast

Co-founder of Fundstrat Global Advisors, Tom Lee once again expressed confidence in his forecasts, according to which the price of bitcoin will reach $ 25,000.

During a telephone interview for Futures now, Lee, stated that his firm is "confident" in the forecast.



We are still confident that bitcoin has an excellent reward / risk ratio and we believe that by the end of the year the price will reach $ 25,000.
Lee gave her interview after the price of bitcoin suddenly increased from 6800 USD to more than 8000 U.S. dollars.

This is largely reminiscent of what happened on the market in 2014.
In March 2018, when the BTC/USD pair fell to the lowest levels in the last few months, Lee unveiled His so-called "Bitcoin Misery Index", a trading tool that, he said, shows when it is most profitable to buy bitcoin.



This week, not only Lee, but also investment magnate Tim Draper confirmed his confidence in the prospects of bitcoin, saying that according to his estimates, the price of bitcoin will rise to 250,000 dollars by 2022.

Lee believes that by 2022 the price of bitcoin will reach 125,000 dollars.
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