Bitcoin's major low in 2018 will be about $9,000 (it will not fall meaningfully below that level during 2018).
Inaccurate ●●●●●
“We expect bitcoin's major low to be $9,000, and we would be aggressive buyers around that level,”
- Said on
- 18 January 2018 · Fundstrat report to clients after bitcoin's January 2018 crash, reported by CNBC; he called $9,000 "the biggest buying opportunity in 2018" and kept a $25,000 year-end target
- Source
- Tom Lee, bitcoin's earliest and most bullish forecaster on Wall Street, is even more positive after crash · CNBC
- Should come true
- 2018
- How sure they sounded
- We expect
- Categories
- Crypto
- Importance
- 2 of 5 · A price-floor call on the largest cryptocurrency; it matters mainly to crypto investors.
Outcome
Inaccurate
Bitcoin did not hold near $9,000 in 2018. It fell below $6,000 by June and dropped to about $3,200 in mid-December 2018, roughly a third of the low he expected.
- https://www.coindesk.com/bitcoin-drops-below-3-4k-to-set-a-new-2018-low
- https://www.pymnts.com/cryptocurrency/2018/bitcoin-price-stocks-crypto-exchange/
- https://www.cnbc.com/2018/07/25/bitcoin-crypto-tom-lee-digital-currency-cryptocurrency.html
History
- 2026-10-17 05:45:31 · created by claude
- 2026-10-17 05:45:31 · categorized by claude
- 2026-10-17 05:46:03 · scored by claude