Tom Lee by chance Propagate Bitcoin will outperform gold this year during the last appearance of podcasts. In fact, Lee is convinced that Bitcoin will become the best assets category in the year despite its amazing performance in the first quarter of the year.
He said: “Bitcoin is still our favorite idea for this year. So we think it will be the best category of origins (better than gold).”
As U.Today mentioned, Bitcoin rose to the level of $ 85,000 earlier today, but it is still more than 20 % away from the previous record. Meanwhile, gold reached a lifetime an increase earlier today, after he greatly outperformed its digital version in the first quarter.
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As U.Tode said, Lee had previously expected that the leading cryptocurrency “will do better than $ 150,000” in 2025.
Lee has been one of the prolific bitcoin analysts since 2018. Although its price predictions had a somewhat mixed record, it is still a reliable investment voice.
He pointed out that Bitcoin appeared in many discussions when he was in the JPMorgan banking giant. At that time, the value of the cryptocurrency network was only $ 20 billion. Bitcoin drew his attention in 2017 after seeing a 10 -fold price. Fundstrat published its first report on Bitcoin when it was traded by about $ 1,000.
