Bitcoin Could Hit 150,000 Dollars This Year, Says Tom Lee
Fundstrat analyst Tom Lee believes Bitcoin (BTC)’s price could reach $150,000 by the end of the year, rising 3X from its current value.
His bullish prediction is based on two simple factors: rising demand due to Bitcoin ETFs and falling supply due to the upcoming Bitcoin halving.
Many analysts believe that the newly approved Bitcoin spot ETFs and Bitcoin halving will be the primary catalyst for Bitcoin’s next bull run.