Despite Hyper-Volatility, Bitcoin (BTC) Price Could Still Touch $100k

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BTC’s current slump, according to Tom Lee, will not prevent it from rebounding and reaching $100k before the end of the year.

“Again, Even Though Bitcoin Is In The Penalty Box Now, I Still Think It Could Exit The Year Over $100,000,”

Following Elon Musk’s unexpected reversal, he believes bitcoin bulls will not change their minds about cryptocurrency. Lee raised his bitcoin price target to $100,000 by the end of the year.

Although Bitcoin has plunged dramatically from its recent highs, the cryptocurrency is still in its recovery mode and is currently trading at $36,616.9.

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