Tom Lee Says This Investment Trust Could Soar Alongside Bitcoin

2019-6-18 20:30

By CCN Markets: With all of the crypto attention currently centered on Facebook’s Libra cryptocurrency, bitcoin could be gearing up for its best run to date. Fundstrat Co-Founder Thomas Lee believes that it is headed much higher in the near future, predicting that a fear-of-missing-out, or FOMO, will catapult the bitcoin price to $40,000 sooner than later.

According to a Bloomberg report, Fundstrat’s latest report suggests that a higher bitcoin price is being supported by “market transparency and integrity. ” In turn, a rising BTC price is expected to fuel gains in the Grayscale Bitcoin Trust (GBTC), which “tracks bitcoin’s market

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