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1  Economy / Speculation / Tom Lee: bitcoin could soar nearly 200% in the next six months(new) on: February 06, 2020, 07:40:29 AM

Tom Lee: bitcoin could soar nearly 200% in the next six months
Fundstrat co-founder Tom Lee is betting that bitcoin could continue its January rally and thinks it could soar nearly 200% in the next six months.In an interview, Lee noted that BTC broke through its 200-day moving average.Historically, BTC has rewarded investors handsomely every time this has happened.Lee also reiterated that he expects bitcoin to generate higher returns in 2020 due to events such as geopolitics.(U.T oday)

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