Wall Street strategist Tom Lee sees bitcoin surging to $6,000 next year, $25,000 by 2022

Bitcoin has had a stellar year and one of Wall Street's top strategists thinks it can rise 40 percent more by next year.

Tom Lee, co-founder of Fundstrat Global Advisors, established a mid-2018 target of $6,000 on the cryptocurrency. Bitcoin traded at $4,284.14 on Friday, according to Coindesk. For the year, bitcoin has surged nearly 330 percent.

In a note to clients, Lee cites the approval of bitcoinoptions trading and the adoption of futures trading in the cryptocurrency as potential tail winds.

Full story at http://cnb.cx/2x2tIds

Source: CNBC

 

 

 

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