Bitcoin value could be $55,000 ?
Tom Lee one of the biggest Wall Street strategists, says it’s possible !!!
Lee : “Based on our model, we estimate that bitcoin’s value per unit could be $20,000 to $55,000 by 2022 — hence, investors need to identify strategies to leverage this potential rise in crypto-currencies.”
Here is the full article:
http://www.marketwatch.com/story/bitcoin-the-new-gold-yes-says-one-wall-street-strategist-who-sees-a-21-fold-surge-2017-07-09
I read this article couple of hours back and was fully convinced with the reasoning Tom Lee presented in the article...as a crypto enthusiast I can only hope his prediction turns out to be accurate.
A value of $55k could be reached sooner, but that requires a big bubble movement. I am not sure whether I woyld like such bubble to occur (with the aftermath and fall out associated with a bubble) or slow and steady growth withput the negative effects of a bubble aftermath. But I do not decide on my own.