Crypto Bull Tom Lee Doubles Bitcoin Price Target to $11,500

  • Strategist says failed fork cleared room for coming surge
  • Call comes after Novogratz sees coin at $10,000 by January
Bitcoin: What’s Coming in the Year Ahead
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The bitcoin bulls are charging.

A day after hedge fund manager Mike Novogratz said the cryptocurrency will end the year at $10,000, Fundstrat’s Thomas Lee doubled his price target to $11,500 by the middle of 2018 -- a 40 percent gain from current levels.