Bitcoin forecast ratcheted up to $6,000 by Lee as optimism grows
everyone is optimistic about bitcoin
Thomas J. Lee, one of the most bearish stock strategists on Wall Street, is feeling a lot more optimistic about the prospects for bitcoin.
The cryptocurrency could reach $6,000 by the middle of 2018, according to a note Friday from Lee, the Fundstrat Global Advisors co-founder and former chief U.S. equity strategist at JPMorgan Chase & Co.
He said user accounts are likely to rise 50 per cent and usage per account to climb 30 per cent.