Tom Lee cuts his forecast for the end-of-year Bitcoin price to $ 15,000

in #blockchain6 years ago

thomas-lee-450x300.jpgYear end, from $ 25,000 to $ 15,000, and said he was still very optimistic given the market situation today.

The retail price will reach $ 15,000 by the end of the year
Speaking to CNBC, the co-founder of Fundstrat Global Advisors said that the key issue today is to find a break-even point for the price of the form, the level at which mining costs correspond to the trading price. For the Bitmain platform, this level is $ 7,000.


Tom Lee cuts his forecast for the end-of-year price to $ 15,000

 By Arab Bit team on 2018-11-18
Tom Lee, often referred to as the whale of digital currencies, has adjusted his forecast for end-of-year prices from $ 25,000 to $ 15,000 and said he is still very optimistic given the market situation today.

The retail price will reach $ 15,000 by the end of the year
Speaking to CNBC, the co-founder of Fundstrat Global Advisors said that the key issue today is to find a break-even point for the price of the form, the level at which mining costs correspond to the trading price. For the Bitmain platform, this level is $ 7,000.

Tom Lee's new prediction is that the price of the start-up should be twice the price of the new $ 7,000 draw, which makes the digital currency slightly above $ 15,000. Last week was the worst for both digital and digital currencies in 2018. The BTC fell to a fresh annual low of less than $ 5,400 on Thursday and failed to stay away from that level. At the time of this writing, they are trading at 5552 de ...
Some of the blame for the recent digital war has been blamed on Twitter among conflicting factions about the Hurfork of the Ketchup coin.

Li said the fundamentals of digital currencies are generally good for the last half of the year, but speculators continue to push markets to their lowest level in more than 12 months.

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