Bitcoin To $100k This Year Still On The Table

Tom Lee believes we will still see Bitcoin rise to $100,000 by the end of 2021:

Bitcoin Could Reach $100,000 by The End of 2021: Fundstrat’s Tom Lee

In a recent interview for CNBC, the American investor Tom Lee opined that not only bitcoin but the entire financial industry would recover and head towards new heights when the coronavirus infections start dwindling. Fundstrat’s founder went even further, predicting that the primary digital asset would reach a price of $100,000 at the end of 2021:

“A hundred thousand into year-end is pretty reasonable.”

According to the Institute for Health Metrics and Evaluation (IHME), COVID-19 cases in the USA will peak this week, which means that soon they will start decreasing. Furthermore, the health research center does not expect a renewed wave of cases in September or October:

“While the hysteria around the continued surge in delta variant infection continues to grow, the IHME (Institute for Health Metrics, forecasters used by global policymakers) forecasts USA COVID-19 infections to peak this week. What is also interesting is the IHME is not forecasting a fall surge.”

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Master Asked on August 10, 2021 in Bitcoin.
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