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Topic: Bitcoin price should be $14,000 - Tom Lee - page 6. (Read 9404 times)

sr. member
Activity: 1204
Merit: 272
1xbit.com
I am agree with you.
Who doesn't like Free money seriously. And ofc if your assets become more valuable then surely it is like a ceremony for you.
We all still remember the time when bitcoin hit 20k usd. The craze was unbelievable.
But sadly the price is down compared to that time although it's increasing now.
Lets hope for the best for the Bitcoin. We want to see Bitcoin again in 20k usd + more price.
Hope What Tom Lee said would take place soon.
member
Activity: 308
Merit: 35
Tom Lee has lost all credibility, why in fuck quote him going forward?
hero member
Activity: 2982
Merit: 610
The market has not downgraded, what we achieved in the past is possible in the current situation.

I'm sure we all witness how the price of bitcoin move recently, and now it's trading at more or less $5,000 and that's very close if this uptrend
movement will continue.

The last time we achieve the ATH, we don't need 6 months to do it, now we have more than enough time to make it.
It is very doable, I believe in Bitcoin's power.
legendary
Activity: 3122
Merit: 1492
Is Tom Lee's outlook correct? Should bitcoin be priced on $14,000?

Also, observe how, according to the article, that Tom Lee has expressed doubt if $14,000 is attainable for 2019. That might be a delicate signal that bitcoin might attain $14,000 this year hehehehe.



Prominent Bitcoin bull and Fundstrat Founder Tom Lee has mentioned during a CNBC Squawk Box program earlier today that Bitcoin is way below its ideal value. He said Bitcoin is only trading at 40% of its actual price despite the price surge experienced in the last few days.

Many have tried to explain the surge with Bloomberg saying it is due to the April Fool’s joke that the SEC approved Bitwise and VanEck ETF applications. Lee, however, thinks differently:

“Finally, we had a big move on Apr. 1. It wasn’t clear what caused it, but it was a shred of real evidence that there is a lot of dry powder, The crypto community kept a lot of cash and was waiting for Bitcoin to break $3,000.”

Although he believes $14,000 is the right price for Bitcoin right now, Lee expressed doubt that the price is attainable by the end of 2019. The bull run is still early and so is the year, and from every indication, the surge is still brewing with a potential to amass more gains in the next few weeks. Hopefully, Tom Lee’s “ideal” price will become a reality eventually.


Read in full https://zycrypto.com/bitcoin-bull-tom-lee-says-bitcoin-should-be-valued-at-14000/
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