Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee

Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee


Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. “Fair value is significantly higher than the current price of Bitcoin,” he wrote

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Posted by Samantha Chang on December 14, 2018 @ https://www.ccn.com/bitcoins-fair-market-price-is-14800-says-cryptocurrency-bull-tom-lee/

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