Tom Lee Predicts Bitcoin To Reach $91,000 by March 2020, Based On Performances After Past DipssteemCreated with Sketch.

in predicts •  7 years ago 

Lee and its Fundstrat have used the average value of these percentages after reaching the 2020 figure. It is building its prediction on a chart that shows the performance of the Bitcoin (BTC) after the last market. Forbes reported on March 17. Tom Lee of Fund Street has speculated that this price of Bitcoin will reach at $ 91,000 by March 2020. In July 2017, Lee had already said that this bitcoin would be $ 55,000 by 2022. This Lee is predicting high prices for BTC because its price was less than $ 3,000.

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It is not as different as the traditional linear based graph and contrast of BTC's elevation and lows. Forbes notes piece because the chart is based on logarithmic scale. This is what has been described as 'the opposite direction', which gives investors a sense of how pitiful BTC holders are at these current prices. It has been taken and this fundraiser has also released the 'Bitcoin Egyptian Index' in recent March. In January this year, Lee said that by the end of 2018 BTC will calculate $ 25,000.

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