Fundstrat’s Tom Lee Boosts Bitcoin Target 25% Despite Musk’s Criticism

Tom Lee. Source: a video screenshot, Youtube/Bloomberg.
Tesla’s recent declaration it would no longer be accepting bitcoin (BTC), paired with bearish statements by its CEO Elon Musk, have done little to shake the certainty of investment research firm Fundstrat Global Advisors. The New York-based advisory business has increased bitcoin’s price target for 2021 to USD 125,000, up 25%.
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