Bitcoin could quadruple in 2021 as the digital currency sees a rally similar to 2017, Fundstrat's Tom Lee says
Bitcoin's near 300% surge in 2020 could be followed up by an even stronger performance in 2021, according to Fundstrat's Tom Lee.
In an interview with CNBC on Wednesday, Lee said bitcoin could quadruple in 2021 as the crypto asset experiences a similar parabolic setup that occurred in 2017.
"2021 is going to be a lot like 2017 which means bitcoin should do even better in 2021 than it did in 2020, so something above 300%," Lee told CNBC.
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