Fundstrat was one of the principal companies in Wall Street which soon switched to the analysis of Bitcoin and other cryptocurrencies, and they even developed what they called the Bitcoin Miserable Index (BMI).
Co-founder Tom Lee was a Bitcoin Bull when he once believed that cryptocurrencies could reach 25,000 USD by the end of 2018. However, that did not happen and Lee had to abandon his bid targets.
But in an interview with CNBC last week, Lee said that he saw the new highs of all time in 2020, which meant that digital assets could pass the highest level of all time before being 20,000 USD.
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