Bitcoin to double from current levels according to Tom Lee, mid cap coins to do even better? (Think steem)

in btc •  7 years ago 

Actually he said he thinks bitcoin doubles from previous highs around $20k.

Check out the video:

Even more exciting, he said he thinks mid cap coins, like steem, will more than double from current levels.

Just have to guess the right ones.

He didn't actually mention midcap coins by name, but hopefully one is steem...

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It's kind of funny watching these things. These analysts get it wrong just as much as any guy on the street. Also I would probably be more optimistic than them. Those smaller coins will more than triple in a year. Some have already done so in the last few weeks....

This is a great video for crypto investors, no doubt about that! The video is from before the "news" coming out of China and South Korea isn't it? The best thing he is saying is that BTC and ETH is backed by institutional investors.
This weeks decline in BTC price is a healthy consolidation, and right now it look like some of the alts is beginning this phase too, that's healthy for blockchain in general.
Hoping he is guessing the price for 2018 right!

This news is from yesterday I believe. CNBC posted it on their website within the last 24 hours.

This is very good news for all Bitcoin Lovers. Thanks for sharing @jondoe

Thanks. You should do a verification post to get more votes

and hopefully steem will go high

Yes quite hopefully, its just a matter of time