On Friday Tom Lee made a bold prediction that bitcoin can potentially reach $55k by 2022, making him the first Wall Street strategist to formally lay out his prediction.
The digital currency could be worth as much as $55,000 by 2022, Lee said in a report titled "A framework for valuing bitcoin as a substitute for gold."
This coming after a Goldman Sachs finance expert said that bitcoin could surge another 50% by the end of the year to $4k.
Currently dont have a position in bitcoin, but looking to get in in the next few weeks :)
I cant deal with that number.... it just makes me want to buy more and feel like i dont have enough !
Haha I sold mine after a 1k profit. Couldn't mentally deal with the volatility.
I hate these predictions, anyone can throw a number out to the air...
That's is true, but there is a lot of optimism coming out for bitcoin
I love these predictions because they come nearer to the underlying feature of exponential rise. $50k seems much but it is 'only' a 20x rise.
Well who knows, hope he's right...
wow
I hope it will. :)
Bring. It. On.
Would be nice if it happens.
Hodling!