Bitcoin $83,921.55(BTC) is expected to perform better than gold this year. At least the founding partner of Fundstrat and crypto currency analyst Tom Leethe biggest crypto money will be the best investment tool of the year. Lee said Bitcoin has a strong rise potential despite the performance of the expectations so far. As a matter of fact, the price of the biggest crypto money has recently reached 85 thousand dollars, but has not yet exceeded the record threshold. On the other hand, in the first quarter of the golden year, it reached the highest level of all time, experiencing a huge rise.
“150 thousand dollars” for Bitcoin
Lee thinks Bitcoin will exceed $ 150,000 by the end of the year. Famous analyst, the largest crypto currencyHe stressed that it is a better investment tool than gold in the long run. According to him, Bitcoin will be accepted more in global markets over time.
Lee with Bitcoin for the first time JpmorganA name that met while working. At that time, Bitcoin’s market value was only $ 20 billion. However, in 2017, the price increased tenfold increased its interest in the largest crypto currency. Company FundstrateBitcoin’s first report about the price of a thousand dollars released. Lee, who has closely followed Bitcoin’s development since then, believes that the price will reach much higher levels in the future.
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Gold and Bitcoin race is getting hot day by day
In the first quarter of the year goldHe performed much better than Bitcoin. The fact that gold reached new peaks led investors to physical assets. However, Bitcoin began to attract the attention of investors again with his last rise from $ 76 thousand.
According to experts, Bitcoin’s position as a means of protection against inflation makes it the biggest rival of gold. The fact that more corporate investors’ turning to Bitcoin can increase the price strongly. In addition, Bitcoin’s supply is limited because the demand is expected to increase if the demand increases.
Bitcoin has experienced major price fluctuations throughout history. However, it continues to be an attractive option for long -term investors. Analysts like Lee argue that the largest crypto money will perform better during the year.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
