Doubling Down: Tom Lee Won’t Abandon $15,000 Year-End Bitcoin Price Forecast

Fundstrat co-founder Tom Lee stands by his reduced year-end bitcoin price target of $15,000, saying continued fallout from a market slump in tech stocks is putting pressure on cryptocurrencies. Lee’s new prediction is a dramatic drop from the bullish $25,000 price target he had set in early-2018, when the crypto market seemed poised for a The post Doubling Down: Tom Lee Won’t Abandon $15,000 Year-End Bitcoin Price Forecast appeared first on CCN

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Bitcoin A Good Bet For Millennials, Says Bullish Strategist Tom Lee

The post Bitcoin A Good Bet For Millennials, Says Bullish Strategist Tom Lee appeared first on CCN Tom Lee, co-founder of the market strategy firm FundStrat Global Advisors and an outspoken bitcoin bull, sees bitcoin as a valid investment for young people. Lee told CNBC’s “Squawk Box” Thursday that bitcoin makes a lot of sense as a store of value. One of the key advantages to bitcoin is that its value is The post Bitcoin A Good Bet For Millennials, Says Bullish Strategist Tom Lee appeared first on CCN

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