The Managing Partner at Fundstrat Global Advisors – Tom Lee – forecasted that bitcoin’s USD value could surge to $200K in the following years. In his view, many US investors will stop dealing with bonds and change their strategy towards the cryptocurrency market.
Bitcoin’s Path Towards $200K
The Wall Street strategist Thomas Lee is known for his bullish bitcoin predictions. Five years ago, his company Fundstrat published its first report on BTC, envisioning that the asset will be worth between $15,000 and $50,000 by 2022.
However, not all of his forecasts came true. Last year, he said, “a hundred thousand into year-end is pretty reasonable.” Bitcoin finished 2021 at about $46,000, disappointing many experts who predicted it would indeed hit the $100K milestone.
During his most recent interview for CNBC, Lee outlined an even more optimistic future for the leading digital asset. He argued that the interest rates will cause bonds owners to lose money in the future. As such, ma
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