According to Tom Lee, director of research at Fundstrat Global Advisors, Bitcoin may become one of the most attractive assets for investment this year.
In his opinion, the current situation on the market is typical for the early stage of the halving cycle – historically, each time the reward for miners was reduced, there was a drawdown.
He noted that cryptocurrency should be viewed as an asset that is valuable in the long term, and now is the best time to buy it. Bitcoin .
According to the analyst, a situation is possible in which Bitcoin may fall to $70,000, but this will be the bottom before a strong and long-term rally. The expert once again confirmed his forecast that within a year the first kriptovalyuta may break the $250,000 level.
He believes that the main factor that could contribute to the Bitcoin rally to the above-mentioned mark is the gradual reduction in the supply of coins on the market.
Tom Lee is confident that institutional investors will continue to invest significant capital in the asset, and over time kriptovalyuta will become even more widespread.
