Fundstrat Global Advisors co-founder Tom Lee appeared on Fox News earlier today to talk to talk about traditional markets and cryptocurrency. It was not long before his famous “$25,000 by the end of 2018” Bitcoin price prediction was brought into question.
Lee blamed the proliferation of the ICO fund-raising technique for the inaccuracy in his price call. He was also asked if he still thought $25,000 per Bitcoin was at all possible. His answer was a resounding “yes”.