'Bitcoin is easily going to take out its all-time highs': Fundstrat's Tom Lee

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'Bitcoin is easily going to take out its all-time highs': Fundstrat's Tom Lee
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'Bitcoin is easily going to take out its all-time highs,' says Tom Lee Fundstrat (via CNBCFuturesNow)

, bitcoin is now up 146% this year. But that could be just the beginning for its bounce back, says bitcoin bull and Fundstrat Global Advisors' research chief Tom Lee.

Many in the crypto space were hesitant to agree that the "crypto winter" was indeed over, Lee wrote. They cited worries around persistent volatility in alt-coins and initial coin offerings, fundraising issues in the digital currency market, general bearishness and residual concerns stemming from crypto's huge drop in 2018, he wrote.

"The Facebook announcement is a complete validation that mainstream is now focused on cryptocurrencies," he said. "I think it really destroys those arguments that say, 'I believe in blockchain, not bitcoin.'"

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