Fundstrat’s co-founder and head of research made a bullish Bitcoin price prediction, expecting BTC to reach a “six-figure” level this year.
While the regulatory overhang has currently began to reduce over the pioneer cryptocurrency, the Fundstrat’s expert strongly believes that BTC can still reach $100,000 by the end of this year and go higher in 2026, and then in 2027.
Michael Saylor reacted to that message of Lee by adding his take, which is: “Nations will adopt #Bitcoin as a Treasury Reserve Asset.”
In total, since Wednesday and until the new price record on Friday, Bitcoin has seen a staggering 11.35% post-election surge fueled by another interest rate cut of 25 basis points performed by the Fed Reserve.
Bitcoin maximalist and JAN3 boss Samson Mow believes that Bitcoin will soon surpass the $80,000 mark as he tweeted: “You can still buy Bitcoin for less than $0.08M.”
This article was originally published on U.Today
Source: Cryptocurrency - investing.com