An unusual bitcoin price prediction came from Tom Lee

Written By Eleman

Tom Lee, one of the oldest and most experienced names in the crypto money world, made promising statements about Bitcoin. It marked $100,000 for the BTC price.

Tom Lee’s Fundstrat Global Advisors let CNBC know that it is expecting another major Bitcoin auction to occur sooner rather than later.

The New York-based free exploration shop accepts that this will be the last “waste of time” before additional purchasing valuable open doors arise.

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Fundstrat accepts that the biggest cryptographic money could momentarily dip under its June low.

The Bitcoin value plunged to as low as $17,592 on June 18, which denoted the cryptographic money’s most minimal cost since December 2020. While this obvious basically a transient base, bulls simply figured out how to pull off an unassuming recuperation.

$ 100,000 prediction for Bitcoin price from Tom Lee

Fundstrat founder Tom Lee said he has detected a big bullish signal for Bitcoin.

Tom Lee states that this might be the perfect time to buy Bitcoin as the average earnings are almost 180 percent. As such, it reiterates Fundstrat’s rule number 3 for cryptocurrency investing.

“You always buy when Bitcoin goes above its 200-day moving average.”

Lee claims that his earlier prediction of Bitcoin reaching $100,000 by the end of the year was “pretty plausible.”

Recently, even while the US’s crypto money bill discussions continue, Bitcoin’s positive rise also makes Bitcoin supporters very happy.

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