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.
Experts from the crypto space have backed the DOJ’s investigation in Bitcoin price manipulation saying that it will help to remove unwanted elements from the crypto market.
Lee, in his analysis, has presented a new Bitcoin Misery Index which is a contrarian indicator which meaning the lower Bitcoin goes, the higher are the chances to rise again.
Bitcoin’s expert Tom Lee joins cryptocurrency enthusiasts, betting on the king of altcoins to skyrocket in upcoming year. Despite all misfortunes that altcoin has come through from the start of the year, he has forecasted Bitcoin to hit $125,000 benchmark by 2022.