Even Tom Lee is less optimistic

Even Tom Lee is less optimistic
Fundstrat analyst Tom Lee lowered its forecast of the price of bitcoin for this year from $ 25,000 to $ 22,000, he said in an interview with CNBC.

The co-founder and managing partner of Fundstrat believes that the price of bitcoin should be twice as high as the cost of its production. At present, this figure is $ 9,100. According to Lee, doubling this cost, including other variables, will provide a price of $ 22,000 by the end of 2018.

Referring to the bitcoin misery index (BMI) presented earlier this year, Tom Lee stated that the ...
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