Tom Lee: BTC could reach $ 100,000

A fundstrat analyst Thomas Lee believes the world’s most important cryptocurrency is expected to climb to $ 100,000 by the end of this year. What else did this American analyst say?

Lee: BTC to the moon

In a recent interview with the CNBC news agency, American investor and analyst Thomas Lee expressed his opinion not only on BTC, but the entire financial industry is recovering and will reach new heights.

According to him, BTC will rise sharply as soon as the delta variant of coronavirus Covid-19 reaches its peak. He expects that the largest cryptocurrency in the world could reach the magical limit of USD 100,000 this year.

“One hundred thousand by the end of this year is reasonable. Although hysteria over the continuing rise in delta infection continues to rise, the Institute for Health Metrics and Evaluation (IHME) predicts that coronavirus infection in the United States will peak this week.

Tom Lee said in an interview that the panic for coronavirus infections among the population will fall sharply in the coming months, leading to a new economic boom and market growth. This will strengthen a number of market assets.

“I think that 2021 will be very similar to 2017, which means that BTC will do even better in 2021 than in 2020. The increase should be just over 300%. However, the market needs to evolve even further. “

Conclusion

Thomas Lee is not the only analyst who believes the price of $ 100,000 for a BTC coin by the end of this year. You can find out more about price development in our regular technical analyzes. You can read the whole interview under the attached link HERE.