In his recent discussion with American investor Anthony Scaramucci on "Speak Up," Tom Lee, co-founder of Fundstrat, expressed his confidence that Bitcoin has not yet reached its peak price. He sees the recent price drop as a possible opportunity to buy, considering it a bear trap. Despite the 16.2% decrease from its highest value of $73,737, Lee maintains a positive outlook on Bitcoin's upcoming prospects.
The Significance of Bitcoin's Market Size and Utility
Lee believes that Bitcoin's technological advancements in security and functionality truly set it apart. he considers it a pivotal moment in the financial world. Due to factors like its market size and usability, he is confident that Bitcoin will never fall to zero.
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