As Bitcoin (BTC) made monumental moves in the fourth quarter of 2017, crypto pundits took to mainstream news outlets and social media mediums en-masse to make zany price predictions. While some zealots, influenced by the religious fervor of this movement, called for sextuple digits (or even septuple digits), one calm voice made a scaled-back price prediction of a then-mere $25,000.
Per previous reports from Ethereum World News, the soothsayer in question was Tom Lee, an executive at Fundstrat Global Advisors with a seeming enamorment with digital assets. At the time, the research head at the New York-headquartered investment advisor claimed that BTC was undervalued. And over the course of 2018, the believer maintained his prediction as best he could, even as the broader crypto market collapsed.