Tom Lee’s 70% BTC Upside Prediction; Is it a Fairy Tale?

Bitcoin price (BTC) plummeted sharply in the last two days following Bill Gates and Warren Buffett’s criticism regarding the cryptocurrency markets. The largest coin traded at around the $9,000 level early today, down almost $1,000 from Sunday’s high of $9,900. Altcoins fell at a high mid-single-digit rate in the last two days, pulling the total cryptocurrency market capitalization to the lowest level in the last week. Despite this, another Tom Lee prediction has surfaced.

Bears are on top of the market as business icons have called cryptocurrency markets a “greater fool theory“. However, Tom Lee, managing …

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