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Thomas Lee: 'Crypto spring has begun, Bitcoin ATH in 12-18 months'

From chepicap.com

Fundstrat Co-Founder Thomas Lee thinks Bitcoin will reach a new all-time high in 12 to 18 months. In an opinion piece written for CityAM, Lee says that the crypto spring has begun. Lee lists a number of positive things happening in the space right now, as it is not only the technicals that are looking bright. 'ICO funding has dwindled to effectively zero, so the 'get rich quick scams' are largely gone. In 2020 the next Bitcoin halvening will take place, which will half Bitcoin block rewards from 12.5 Bitcoins to 6.25 Bitcoins per block mined. This will reduce the daily supply of Bitcoin coming into the market from ... (full story)

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  • Category: Fundamental Analysis