Bitcoin overcomes $ 7000 amid Tom Lee’s New Year rally forecasts

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1-240-600x344 Bitcoin overcame $ 7000 amid Tom Lee’s forecasts for the “New Year rally”

After a long and long fall, which has been varyingly successful since January 2018, Bitcoin has shown an upward trend. The question remains: how long will this growth last?

Fundstrat analyst Tom Lee made a forecast that at the end of 2018, Bitcoin will update its record and rise above the $ 20,000 mark. In his opinion, the time of the fall of Bitcoin has passed and in the fall and winter, the cryptocurrency will demonstrate stable growth.

Bitcoin overcame the mark of $ 7,000 and is currently trading at around $ 7,092. Along with Bitcoin, other cryptocurrencies began to grow.

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