Fundstrat Announces: When Will Bitcoin Rise to $ 17,000

Fundstrat Announces: When Will Bitcoin Rise to $ 17,000?

Famous researcher Fundstrat, among the founders of Tom Lee, made important predictions about the leading cryptocurrency Bitcoin (BTC) in a recently published investor note. The BTC / USD transaction pair is higher than the 200-day simple moving average, indicating a higher price hike. The 200-day simple moving average is an important key indicator not only for Bitcoin but also for cryptocurrency and other classes. Bitcoin Has Been Granted for $ 17,000 The Fundstrat will also be published on April 30, and stated that Bitcoin will achieve a 193% increase over the next six months, in a statement sent to its investors. This is for approximately 2020, where the price will calculate from the $ 8,900 level, above the simple moving average of 200 days, at the end of the $ 17,000 unit price. With the real upcoming Bitcoin Halving, such an important rally is likely to begin. Tom Lee had previously stated that while this rally was not even on the horizon, the leading cryptocurrency could close the year 2020 by $ 40,000. Indeed, this surprise rally followed by the continuation of the falling prices, which was the coronavirus crisis, made it possible to understand that almost everything is possible in the cryptocurrency market. Shows Tom Lee's end-of-year forecast of $ 40,000 or Fundstrat's end-of-year forecast of $ 17,000.