How Will Bitcoin Reach $200,000? Tom Lee Called the Way
Fundstrat co-founder Tom Lee said in an interview with CNBC that Bitcoin could hit $200,000.
According to the analyst, due to the current policy of the Fed, in the near future, everyone who invests in bonds is guaranteed to lose money. Subsequently, a huge amount of speculative capital will be invested in cryptocurrencies, since digital assets are much easier to move, easier to manage, and transactions are transparent and easy to track.
According to him, Bitcoin could reach $200,000 as the value of the digital asset increases with the number of hodlers. But in the future, it is possible to rethink the attitude towards each individual hodler in such a way that the value of each of them will be determined.