Thomas Lee predicts Bitcoin to be worth $125,000 by 2022

in #bitcoin8 years ago

Thomas Lee, head of research at Fundstrat Global Advisors, in his forecast predicts that the market will be worth $1.2 trillion & each digital token (each Bitcoin) will cost as high as $125,000 by 2022.

“While returns should be strong, we forecast returns to be lower than 2017,” wrote Thomas Lee, in a report. “We expect Bitcoin’s major low to be $9,000 and would be aggressive buyers around that level.”

Big analysts do say that this pullback was necessary & in the end we will see positive growth. Analysts all around the globe have predictions/forecasts of Bitcoin price anywhere from $22,000 to $100,000 for 2018.

Sort:  

This post received a 3.480 SBD (49.37%) upvote from @upvotewhale thanks to @krupesh! For more information, check out my profile!

Yes,
I too hope that it goes that high & every investors walks out smiling & no one will never have any regrets being in cryptocurrency Market.

I would love to see bitcoin hit $100,000.

Yes
I'm invested in it & hope that it does.
At least 22000 would be good & higher would be great.
Please upvote,resteem & follow if you love cryptocurrencies just like I & many others like us do.

You do the same.

Thanks! What other coins are you betting on?

Planning to go with Ethereum in near future.

Any time ETH dips below $1,000 I’m adding. I’m doing the same with LTC below $200.

I meant mining not trading

Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase https://
3. Type re
Get Featured Instantly – Featured Posts are voted every 2.4hrs
Join the Curation Team Here