By CCN Markets: The bitcoin price might have slipped below $8,000 for now, but it could be headed much higher in the near future. Fundstrat Global Advisors Co-Founder Thomas Lee is willing to put it on the line for bitcoin once again, making an aggressive short-term prediction on where the cryptocurrency could be trading if it can capture enough momentum.

In an interview with Binance CFO Wei Zhou, Lee laid out his bullish case. Lee and Zhou agree that once bitcoin regains the $10,000 level, it will be “fast and furious” to $20,000. From there, it’s seemingly to the moon. Once the key FOMO threshold kicks in, historically the price will surge 200% to 400%. Lee stated:

“If bitcoin somehow manages to get to [$10,000], it’s very likely going to make a run to $40,000 within five months.”

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