Got game: Tom Lee refuses to predict the price of Bitcoin

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2018-12-23 15:45:08

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Got game: Tom Lee refuses to predict the price of Bitcoin Source:

It Seems That there are forever tied to the price forecasts . We will remind, the co-founder of Fundstrat became one of the most famous people in cryptocommunist for his predictions. Unfortunately, none of them never became a reality. The latest forecast analyst — Bitcoin for 15 thousand dollars by the end of the year. Most likely, this statement shall not be granted for the remaining eight days.

the

Any predictions for the future

According to Bloomberg, 13 December, the traditional e-mail newsletter to customers Fundstrat. In it, Lee and his team explained why it never will wonder about the future of Bitcoin.

We are tired of the constant questions about the price of cryptocurrencies. Due to the high volatility of the crypts we're not going to announce specific time frame for the growth of Bitcoin.

Bloomberg believe that the cause may be not in the «fatigue». In fact, the analyst just realized the imperfection of their predictions.

It's Easy to understand why. In the beginning of 2018 If were talking about 25-thousand dollars per Bitcoin by the beginning of 2019. Some time later, he its forecast up to 15 thousand dollars in November. At that time Bitcoin was trading at $ 5,500. Since then, the cryptocurrency fell to $ 4,000 — more than 70 percent year over year. The last time the analyst that «fair value» Bitcoin is in the area of 13.8 to 14.8 thousand dollars.

Whether personally refuses to comment on their actions in social networks. He also makes no comments on his team to Fundstrat.

Source: Reddit

His predictions were «victim» a series of unforeseen circumstances. We will remind, this year the main reasons for the numerous drains of the price of the cryptocurrency began with financial regulators and «war of harratov» between the fork , where Bitcoin is below the critical support level of $ 6 thousand.

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