If you think you’ve missed out on the best of bitcoin…
One Wall Street analyst says: think again.
Thomas Lee of FundStrat has released a note in which he explains why bitcoin could be heading as high as $55,000.
His argument is very simple: cryptos like bitcoin are starting to take over from gold.
The basic idea is that people use gold as an alternative money. A way to store their wealth outside the official money system.
Lee says bitcoin and other cryptos area starting to do the same job.
But – and here’s where it gets interesting – the amount of money parked in cryptos is a drop in the ocean, compared to the amount of money in gold.
At the moment bitcoin is just 0.7% the “alternative money” market.
If that number grows to just 5% of that market… and there are good reasons to think it will…
Bitcoin could go anywhere from $12,000 to $55,000.
And that’s before we even get to the many “penny crypto” currencies, with a lot more runway in front of them.
Cryptos are “popping” in value every day now. And we think ordinary people should get in on this.
That’s why our experts have prepared a presentation that will show you everything you need to know to profit from this incredible opportunity…
Click here for the full details now.
The post How To Get In On “Bitcoin To $55,000” appeared first on The Daily Reckoning - UK Edition.