Bitcoin Bull Tom Lee Goes Hyperbolic on Latest Price Forecast

  • Fundstrat sees digital tokens worth $1.2 trillion in 2018
  • One Bitcoin may cost $125,000 by 2022, according to report

Blockchain's Bogart Says Bitcoin Correction Not That Big Yet

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Bitcoin’s recent slide isn’t discouraging for crypto bull Thomas Lee, who predicts that the value of the digital-coin market will roughly double to more than $1.2 trillion this year.

Lee expects the price of one Bitcoin will surge to $125,000 by 2022. That’s 400 percent higher than his forecastBloomberg Terminal from October, when he said the top digital token may reach $25,000 over the same period. That compares with about $11,750 Thursday.