Tom Lee Bitcoin Price Prediction Fail – Bitcoin Is Not Rallying As Expected

tom lee bitcoin price prediction fail bitcoin is not rallying as expected

Bitcoin shows no growth: Bitcoin Price (BTC) hasn’t moved higher despite the Consensus Summit: Bitcoin price trades in the range of $8,300 today after briefly touching $8,800 level at the beginning of the week. The largest coin has posted losses in last two consecutive days. This downside move is contrary to analyst’s predictions who were expecting a strong rally amid the New York consensus summit. Indeed, Tom Lee – who has predicted Bitcoin price to reach $25K by the end of this year – failed to predict the price movement…

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Bitcoin Price Watch – BTC/USD Breaks Through $8,000, More Upside Expected

bitcoin price watch btc usd breaks through 8000 more upside expected

On Friday morning, Bitcoin price continued its momentum from yesterday and broke through the $8,000 level, now trading at around $8,100. Over the past seven days, Bitcoin went up by as much as 25%, a signal that the cryptocurrency market may finally be recovering. As suggested by many experts, we could see Bitcoin set new highs in the future. Further Upside For BTC/USD Earlier, Tim Draper, a notorious venture capitalist, predicted that Bitcoin price could reach $250,000 by the year 2022. This figure is even more ambitious than Fundstrat co-founder…

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