The co -founder and head of research at Fundstrat Global Adviss reveals his BTC’s negative price goal (BTC) for the end of the month.
In new interview On the Riskreversal Media channel on YouTube, TOM Lee warns of Fundstrat investors that the best encryption assets according to the maximum market and other best dictations will not be fortified of market disorder.
According to Lee, the main digital assets may lose about 34 % of their value by the end of March. While me is the short -term landing on BTC, it is believed that the big picture is still optimistic about the king of encryption.
Work by technical expert Mark Newton [shows] Solana, Ethereum and Bitcoin are all negative. It has been declining since mid -January, so I think it was true and his negative goal for Bitcoin was $ 62,000 by the end of March.
But for me, is 62,000 dollars a reason for turning the bitcoin? I mean, if you are trading it, yes, but Bitcoin was $ 100 in 10 years, so $ 60,000 is still a great return and I think Bitcoin is still improving. It still represents a danger to the assets, so I don’t expect to do a good job if the market is exposed to tariffs.
It is not fortified of this type of turmoil, but will confidence grow about Bitcoin during the next five years? Yes, and will it be increasingly viewed as a value of value like gold? Yes, I think increasingly.
Then is there room for more people to own it? Yes.
I am not really calm, but I think it is difficult to say it should rise. “
Bitcoin is trading for $ 93,287 at the time of writing this report, an increase of 9.4 % over the past 24 hours.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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