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Predictions Point to Bitcoin Could Quadruple In 2021 Similar to the 2017 Parabolic Rally
- Financialnewsmedia.com News Commentary
PALM BEACH, Fla., Feb. 17, 2021 /PRNewswire/ -- Bitcoin was created in 2009 as the first decentralized currency to run on Blockchain technology. It has become notorious for price swings that often make news headlines and grab the attention of financial traders. It has also led to the creation of other digital currency such as Ethereum, Ripple XRP and Litecoin. Bitcoin even has other cryptocurrencies that were created when nodes chose not to upgrade to the latest protocol, creating a new currency out of Bitcoin's old protocols, such as Bitcoin Cash ABC. Despite Bitcoin being well known amongst traders for its price swings, many believe that this leading digital currency is here to stay. While some experts in the field see problems ahead with Bitcoin, while others still see the future as rosy as its past performances… with even higher projections. One such industry expert has predicted that Bitcoin's near 300% surge in 2020 could be followed up by an even stronger performance in 2021, according to Fundstrat's Tom Lee. Fundstrat Global Advisors is an independent research boutique, serving a broad array of clients, including institutional investors, wealth advisors, pension funds and high net worth individuals. Thomas Lee is a Managing Partner and the Head of Research at Fundstrat Global Advisors. He is an accomplished Wall Street strategist with over 25 years of experience in equity research, and has been top ranked by Institutional Investor every year since 1998 Active companies with recent developments in the Tech Industry include:

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