Tom Lee Says Bitcoin Price Will Gain 197% In Next 6 Months
Recently, in the interview with Yahoo Finance the Fundstrat’s Global Advisors Managing Partner & Head of Research Tom Lee says Bitcoin price will gain 197% of value in the next 6 months this year, reported on 05 February 2020.
“Whenever bitcoin breaks back into its 200 day, its average six-month gain is 197%.”
– Fundstrat’s co-founder, Tom Lee
Basically, Tom Lee said that whenever bitcoin crossed the daily 200ma in past then it easily gain an average price value of 197% in its next 6 months.
Also, the bitcoin halving is coming in the next 3 months (expected at the start of May) which is very bullish news where after halving bitcoin demand will increase more and the bitcoin network will become more strong as well.
This week, The bitcoin payments company Bitpay CEO Stephen Pair announced that the payment platform of Bitpay will integrate the bitcoin lightning network payments.
