• 34ºc, Sunny

Fundstrat insists on bitcoin price reaching $150,000

Fundstrat co-founder Tom Lee said he is adamant that bitcoin will reach a price of $150,000, calling it a 10-year Mt. Gox suspense will disappear in the second half of the year. Tom Lee said in May that Fundstrat believes bitcoin is still in the early stages of an upward cycle, so the idea that bitcoin could reach $150,000 this year is still within the agency's basic assumptions, explaining that the forecast is based on changes in the U.S. macroeconomy.