Thomas Lee has updated his Bitcoin price forecast for this year. Now he predicts that it will reach $22,000 in 2018 instead of $25,000.
Although the cryptocurrencies market now is in its declining trend, Tom Lee is still very positive about the future of Bitcoin.
Lee also some of the reasons which caused the resistance for the Bitcoin price rally last week.
Bitcoin advocate and Fundstrat’s co-founder Tom Lee calls cryptocurrency investors to be patient and to HODL if they want to avoid losses.