While appearing on the American television channel CNBC, Tom Lee shared his prediction for the Bitcoin price by the end of 2024. The expert believes that the cryptocurrency's value will continue to rise and surpass the $500,000 mark over the next five years.

Lee justified his optimistic forecast by pointing out that the monetary policy of the Federal Reserve System of the United States will still undergo easing changes. Additionally, he noted that the number of people interested in purchasing the asset continues to grow.

$BTC