It’s been a wild year for cryptocurrencies… but it’s not stopping yet. An upcoming Bitcoin recovery is sparking renewed excitement for investors…

And this move can boost Bitcoin to have a value of over double the peak it reached earlier this year. 

Here’s the story…

Bitcoin Recovery: The Latest

In an interview, Fundstrat’s head of research, Tom Lee…

Anticipates this bitcoin recovery will have MAJOR impacts that last through the end of the year. 

Here, he predicted that by the end of the year…

BITCOIN IS ON TRACK TO BE VALUED AT OVER $150,000

That’s a 138% increase from its peak in March.

This might seem like a shock, considering the slip-n-slide nature of the crypto, but there’s a good reason for the Bitcoin recovery…

And that’s because cryptocurrency’s biggest overhang is about to be eliminated. 

Bitcoin’s overhang is thanks to upcoming Mount Gox payouts. 

Mount Gox is a crypto exchange fund that went bankrupt over a decade ago. But before it hit bankruptcy, the exchange locked away nine billion in crypto…

WHICH WILL NOW BE DISTRIBUTED THIS MONTH TO OVER 200,000 USERS. 

Some have been nervous that these payments will lead to increased selling pressure, but Lee states that this impact will fade.

Once the overhang disappears, the Bitcoin recovery will be complete…

And the crypto will be in for a sharp rebound towards the second half of the year. 

Conclusion

If this prediction is correct…

Bitcoin will be in for its biggest year yet. 

Be Great, 

GCTV Staff

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