FORT: Next leg is $1.50 - $2.00 coming soon.
One such industry expert has predicted that Bitcoins near 300% surge in 2020 could be followed up by an even stronger performance in 2021, according to Fundstrats Tom Lee. Fundstrat Global Advisors is an independent research boutique, serving a broad array of clients, including institutional investors, wealth advisors, pension funds and high net worth individuals. Thomas Lee is a Managing Partner and the Head of Research at Fundstrat Global Advisors. He is an accomplished Wall Street strategist with over 25 years of experience in equity research, and has been top ranked by Institutional Investor every year since 1998. According to an article in Markets Insider, Lee has recently also said t bitcoin could quadruple in 2021 as the crypto asset experiences a similar parabolic setup that occurred in 2017. 2021 is going to be a lot like 2017 which means bitcoin should do even better in 2021 than it did in 2020, so something above 300%, Lee told CNBC. Following a strong 2020 that saw Bitcoin march to all-time highs for a gain of around 300%, 2021 could be even stronger. Thats according to Fundstrats Tom Lee, who recently said in an interview with CNBC that he sees bitcoin surging another 300% next year." At its current price of about $29,000, a quadruple in bitcoin would put the crypto asset well above the $100,000 mark at $116,000.