Tom Lee, co-founder of Fundstrat, predicts that Bitcoin's price could reach $150,000 by the end of 2024, with potential to hit $500,000 in the next five years. His optimistic forecast is based on expectations of significant inflation decreases and the transformative impact of Bitcoin ETFs allowing easier access to cryptocurrency without managing private keys. This bold prediction comes despite recent market volatility and a significant drop in Bitcoin's price following concerning inflation data earlier this year.

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