Tom Lee: Trump criticizes cryptocurrency is good, bitcoin will rise to $2-4 million by the end of 2019

According to Daily Hod, Fundstrat Global Advisors co-founder Tom Lee said in an interview that Trump’s recent criticism of bitcoin and cryptocurrency is good for this emerging industry and will further boost bitcoin. Lee said: "Overall, this is positive, because cryptocurrencies and bitcoin are now on the main stage – Congress, the Federal Reserve, and the President have all paid attention. This is very surprising, a year ago I I can't imagine what's going on today… This will force the other 98% of the world to think about (encryption) what it means, so I think it will be a positive overall factor. Bitcoin's current trading price is only 3% of its historical period. So, if you go back to every milestone it has reached, bitcoin has risen 200-400% in the next four months. So I think if this history repeats, it means Bitcoin is At some point in the fourth quarter, it could reach $20,000 to $40,000. Lee also added that Trump asked Facebook's Libra to comply with US banking regulations, which would make it more difficult to launch.