Bitcoin Thrills Market with Promising Predictions for 2023 – BitRss

This year, Bitcoin (BTC ($83,743.49)) $84,023 is expected to outperform gold in investment returns. Tom Lee, co-founder of Fundstrat, believes Bitcoin will become the top investment vehicle of the year despite its performance not meeting expectations so far. Although Bitcoin’s price recently reached $85,000, it has yet to surpass its record threshold. In contrast, gold saw a significant rise in the first quarter, reaching all-time highs.

Bitcoin’s $150,000 Price Prediction

Lee anticipates that Bitcoin will exceed the $150,000 mark by year-end. He emphasizes that the leading cryptocurrency is a more favorable long-term investment compared to gold. According to him, Bitcoin will gain broader acceptance in global markets over time.

Bitcoin and Gold