#WeekendMarketAnalysis Tom Lee, in an interview with CNBC, stated that Bitcoin could reach a new all-time high this year, and Ethereum will surpass Bitcoin.
Lee, Chairman of BitMine and co-founder of Fundstrat, claimed that the market performance in the early days of the year signals a positive outlook for the rest of the period.
Lee said, “From a general market perspective, the gains in the first days of January are very good news. This is a very positive sign for the entire year and suggests upward potential toward our 7,700 target for the S&P 500.”
Noting that recent fluctuations in financi