of getting on television, Varney said as he concluded the interview. Crypto is becoming an asset class, especially driven by millennials and outside the US, theres an interest in a digital currency, digital asset store of value thats not traditional money. Strangely, I just think thats a good, fair value for bitcoin, but the timing of thats going to be difficult, Lee said (video above, comments start at 2:40 causing laughter to erupt throughout the Fox Business set. As of the time of writing, the bitcoin price stood at 3,412, about 83 percent below its all-time high. That level is down to 7,000 from an earlier estimate of 8,000 for the S9 mining machine by Bitmain, according to Fundstrat's data science team. Famous, bitcoin bull and head of, fundstrat Global Advisors, tom Lee is steadfast in that USD 25,000 per Bitcoin forecast is a good value for the cryptocurrency, but that the timing may be difficult. Saturday.19195 BTC.01601.258, march 17, 2019, sunday.20385 BTC.00411.0662, march 18, 2019, monday.20212 BTC.00584.0940. But while Lee continues to stick by his bullish take on bitcoin, even as the market turns more and more bearish, Stuart Varney isnt buying. Join CCN for.99 per month and get an ad-free version of CCN including discounts for future events and services. This week, the cryptocurrency community sparred on Twitter over what's known as a "hard fork" of bitcoin cash.
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Click here to sign. The launch of ICE, Starbucks and Microsoft-backed Bakkt and Fidelity entering the market is "part of a broader creation of infrastructure necessary for institutional involvement he said. We used 4027.090, international Currency Exchange Rate. To Lees point, bitcoin has outperformed the wider cryptocurrency market by bitcoin t3n a notable margin, just not nearly to the extent that Fundstrat predicted. Support our journalists today. It got sold off with the rest of the market. "Days like this, it does make me wonder" about my prediction, the Fundstrat Global Advisors co-founder said on ". Still, he makes absolutely no predictions on when that might be, or when the bear market might end. The Fundstrat Global Advisors founders latest dish of humble pie was served up courtesy of Stuart Varney, who interviewed Lee last Friday for the Fox Business Network. March 2019 10:16 PM (GMT).
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