Tom Lee, the long-standing Wall Street crypto bull, is sticking to his $15,000 year-end price prediction for Bitcoin (BTC). The Fundstrat Global Advisor voiced his prediction on CNBC’s ‘Squawk Box’ yesterday.
Tom Lee and Bitcoin (BTC)
Bitcoin just recently fell to its lowest levels in more than a year yesterday, but Lee remains convinced. Originally, Lee cut his Bitcoin year-end prediction by $10,000—from $25,000 to $15,000.
“Days like this, it does make me wonder,” said Lee to CNBC. “These past few days have definitely been a negative development.”
The Fundstrat advisor contends …
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