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Market strategist Michael Lee says that he sees bitcoin reaching new all-time highs. Lee was on Fox Business Monday in an interview to talk about his outlook on bitcoin. Lee is the founder of investment firm Michael Lee Strategy which offers wealth planning and investment management to clients. Michael Lee Strategy offers its services as an investment adviser representative through Compass Financial.

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The founder sees a good future ahead for bitcoin which he explains as a momentum asset class. Michael Lee who is an investor himself does not believe bitcoin will be slowing down soon, calling even new all-time highs for the digital asset as more time passes. According to Lee, he believes that the digital asset will definitely bring in as much profit or even more than any of the other digital currencies currently in the market.

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Market strategist Lee said in the interview that the best days remain ahead for cryptocurrencies, and in particular, bitcoin. The strategist explained that bitcoin is a first mover in the market. Predicting the asset will do just as well as other digital assets or even better than others.

ارزش بازار بیت کوین اکنون به 718 میلیارد دلار رسیده است | منبع: BTC Cap Market در TradingView.com

Speaking about fed regulation for bitcoin and cryptocurrencies, Lee said, “I think it’s a long time before we see any sort of taper or any sort of restrictive policy from the Fed.” Lee continued on to say, “it’s not only like that with the Fed. It’s also like that with central banks worldwide.”

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