Tom Lee states that Bitcoin will exceed 20,000 USD by the end of 2018


Author: Nikolay Dimitrov
Date: 10th of July 2018

Do not make investment decisions based on this article – read the disclaimer before you proceed.

On the 5th of July, 2018, Tom Lee, Co-founder of Fundstrat Global appeared in an interview  at cnbc stating his opinion that bitcoin will be more than 20,000 USD by the end of 2018.

His reasoning is that the average price of bitcoin is about 2,5 times its mining cost, which by the end of the year should be at around 9,000 USD.

Another statement in this interview was that 100% of the time Bitcoin was below mining cost, if bought at that time the person would in profit at a later time.

He also would choose Bitcoin over other altcoins.


If you have not created an account on the biggest cryptocurrency exchange you can do it here It is fast and free. This is a safe link, verified by us, going directly to the exchange, as there are many phishing sites, please be aware and careful. Also note that the exchanges close registrations for an undetermined time-span when they get overwhelmed, so even if you do not intend on trading now, someday you might decide to and not have the opportunity.

Here are also verified links to good emerging exchanges:,,

And the biggest fiat currency to crypto gateway, where you can get a 10$ bonus following this link.


You can like us on our official Facebook page or follow us on Twitter .

Or in these groups where we have daily discussions on crypto –


Subscribe to get immediate updates once a new report is available

Subscribe to the weekly newsletter: