On Bitcoin, Tom Lee tries to clarify that he didn’t cut his bitcoin year-end forecast, on CNBC
Tom Lee: I want to be clear, bitcoin is going to $25,000 by year end from CNBC.
That’s 20 percent less than his $25,000 target. However, Lee later clarified his position on “Fast Money,” saying Thursday evening he “may have misspoke a little bit” and still stands by his $25,000 forecast. It all started when the Fundstrat Global Advisors co-founder said on “Squawk Box” that “bitcoin has historically traded at 2.5 times its mining costs.” However, Lee later clarified his position on “Fast Money,” saying Thursday evening he “may have misspoke a little bit” and still stands by his $25,000 forecast.
Tags: Bitcoin, eth, bitcoin price, bitcoin price prediction, Bitcoin bull Tom Lee wants Wall Street, bitcoin year-end forecast
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