Fundstrat’s Tom Lee explains why he’s doubling down on bitcoin after Elon Musk’s surprising reversal – and increasing his price target to 5,000 | Currency News | Financial and Business News

Fundstrat’s Tom Lee explains why he’s doubling down on bitcoin after Elon Musk’s surprising reversal – and increasing his price target to $125,000 | Currency News | Financial and Business News

  • Fundstrat’s Tom Lee is confident that bitcoin bulls won’t change their tune on the cryptocurrency following Elon Musk’s abrupt reversal.
  • Lee upgraded his bitcoin price target from $100,000 to $125,000 by year-end.
  • He said it is possible Musk had to consider investors’ ESG concerns over bitcoin.
  • See more stories on Insider’s business page.

Fundstrat Global Advisors managing partner Tom Lee is confident that bitcoin will continue to rally in…


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