There is nothing I believe more than Bitcoin will reach $200K and WAY beyond – today also marks the fifth anniversary of Bitcoin hitting $10K

Why Fundstrat Still Sees Bitcoin Hitting $200,000, Despite Panic Caused By FTX Meltdown

“Earlier this year, Fundstrat captured the attention of the crypto space when it said that Bitcoin will likely hit $200,000 this year.

Unfortunately, such a bullish forecast failed to become a reality as BTC moved in the opposite side of that idea, losing most of the value it achieved last year.

When asked last week whether or not he believes crypto is already dead, Fundstrat head of research and managing partner Tom Lee was adamant that this is not the case.

‘It’s an important moment for the industry. I think it is cleaning a lot of and cleansing a lot of bad players. But do I think crypto is dead? No. I think there’s a lot of people throwing gasoline in a crowded theatre and yelling ‘fire,’ said Lee.

The research head, though, admitted that 2022 is a horrific and bad year because no one in the industry made money. He, however, insisted that this is not unlike the May crypto winter that paved way for the development of some of the best projects in the space.”

https://bitcoinist.com/fundstrat-still-sees-bitcoin-hitting-200k/

Flashback to five years ago – https://qz.com/1140536/bitcoin-btc-has-hit-10000-for-the-first-time