Tom Lee, Max Keiser: $20k For #Bitcoin by 2018 Still in Play as BTC Hits $7,200
Two prominent investors in the cryptocurrency sector have continuously called for a price target of $20,000 for Bitcoin since early 2018. Fundstrat’s Tom Lee and RT host Max Keiser reaffirmed their optimistic stance on the short to mid-term trend of Bitcoin, as the dominant cryptocurrency broke out of a major resistance level at $7,000 on September 1. Throughout the bear market during which Bitcoin fell by more than 60 percent and other major cryptocurrencies recorded 90 percent losses, Tom Lee and Max Keiser have consistently demonstrated positivity in a gloomy market.Today, after a month of stability in the $6,500 to $7,000 range, Bitcoin has surpassed the $7,200 resistance level, bringing other cryptocurrencies in the market with it. Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, and every other major cryptocurrency recorded a decent gain in the past 24 hours.