Despite missing the mark with their $100,000 Bitcoin price predictions in 2021, Former Chief Strategy Officer at Block One Brock Pierce and co-founder of research firm Fundstrat Global Advisors Tom Lee are both tipping Bitcoin could hit $200,000 in 2022.
Essentially they are doubling down on their ambitious projections for 2022, even though Bitcoin's high water mark of $69,000 was set on Nov. 10 and BTC is currently trading at $46,270.
Tom Lee predicted $200,000 for BTC in the Dec. 23 Market Rebellion Roundtable discussion. He said in the discussion:
Lee previously maintained his 2021BTC price prediction of $100,000 as late as October in light of ProShares launching the first Bitcoin ETF in the USA.
At that time, he also predicted that Bitcoin
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