---
title: "Tom Lee: The price of Bitcoin should be at around $14,000 | ICOLINK"
description: "Tom Lee, co-founder of the US research company Fundstrat Global Advisors, expressed the opinion that the price of Bitcoin should be at around $14,000."
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date: "2026-07-03T23:14:14+00:00"
language: "en-GB"
---

# Tom Lee: The price of Bitcoin should be at around $14,000

> Tom Lee, co-founder of the US research company Fundstrat Global Advisors, expressed the opinion that the price of Bitcoin should be at around $14,000.

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Friday, 05 April 2019

Tom Lee, co-founder of the US research company Fundstrat Global Advisors, expressed the opinion that the price of Bitcoin should be at around $14,000.

Lee also said that the old Bitcoin whales returned to the market and began a mass buying up of the first cryptocurrency due to the changing mood in the industry.

> **"Bitcoin had a rough 2018 and for much of 2019, it has been steadily climbing and from what we can gather, it is because there are a lot of positive things taking place. A lot of the old whale wallets are buying Bitcoin,"**
>
> he said in an interview on CNBC.

According to Lee, we are talking about large wallets whose owners got rid of Bitcoin at the peak of its course in mid-December 2017. In addition, the fact that they started new purchases of the first cryptocurrency indicates a change in market sentiment.

Managing partner Fundstrat believes that Bitcoin is now trading significantly lower than its real value, which should be at $ 14,000. It came to this figure based on the number of active wallets and users.

In addition, the extraction of one Bitcoin costs about $ 4,000- $ 5,000, and during a growing market, the asset must be sold 2.5 times more expensive than the cost of production, which also leads to a figure of $ 14,000.

Note that earlier Fundstrat analysts conducted a study, according to which 2019 should be much more positive for the cryptocurrency industry.

[Tom Lee](/ico-news/tags/tom-lee.html) [Fundstrat](/ico-news/tags/fundstrat.html) [Bitcoin](/ico-news/tags/bitcoin.html) [Cryptocurrency industry](/ico-news/tags/cryptocurrency-industry.html) [price of Bitcoin](/ico-news/tags/price-of-bitcoin.html)