Bitcoin (BTC) Predicted to Skyrocket to $150,000, Tom Lee Stands Firm on Forecast
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- During a recent appearance on CNBC’s “Squawk Box,” Fundstrat co-founder Tom Lee predicted that Bitcoin’s price could reach $150,000 by 2024.
- Lee believes Bitcoin is still in the early stages of its current bullish cycle and maintains that the potential for a $150,000 Bitcoin is within Fundstrat’s base case scenario.
- Despite recent market volatility, Lee remains optimistic about Bitcoin’s future, citing the transformative impact of Bitcoin ETFs and the potential for inflation to drop “dramatically” in the coming years.
Fundstrat co-founder Tom Lee predicts Bitcoin could reach $150,000 by 2024, despite recent market volatility. Lee cites the transformative impact of Bitcoin ETFs and potential for inflation to drop as key factors.
Bitcoin’s Bullish Cycle Still in Early Stages
According to Lee, Bitcoin is still in the early stages of its current bullish cycle. Despite recent market volatility and Bitcoin’s price currently hovering just above $63,000, Lee maintains that the potential for a $150,000 Bitcoin is within Fundstrat’s base case scenario. He believes that the market was being fooled by the April turmoil and r... Read the full article for FREE at COINOTAG!
