Tom Lee from Fundstrat has it It was predicted This Bitcoin will surpass gold this year during his recent podcast appearances. In fact, Lee is confident that Bitcoin will become the best-performing asset class of the year despite overwhelming performance in the first quarter of this year.
“Bitcoin is another favorite idea of the year this year, so I think it will be the best performance asset class (better than gold),” he said.
As reported by U.Today, Bitcoin surged to the $85,000 level early today, but is more than 20% off the recall of previous record heights. Meanwhile, Gold reached a new life early today after significantly surpassing the digital version in the first quarter.
As reported by U.Today, Lee previously predicted that the flagship cryptocurrency would “do better than $150,000” in 2025.
Lee has been one of the prolific Bitcoin price analysts since 2018. His price forecasts have a rather complicated record, but he remains an authoritative voice in the investment field.
He recalls that Bitcoin first appeared in several arguments when he was in the bank’s huge JPMorgan. At the time, cryptocurrency had a network value of just $20 billion. Bitcoin attracted attention in 2017 after it experienced a 10-fold increase in price. FundStrat has published its first report on Bitcoin, which was trading for around $1,000.
