🚨BTC PREDICTION this year $150000Tom Lee,🚨 co-founder and head of research at Fundstrat Global Advisors, reaffirmed his bullish Bitcoin (BTC) price prediction for 2024 in an interview with CNBC. Lee expects BTC to reach $150,000 by year-end, driven by global macroeconomic factors. He urged investors currently earning a 5% yearly return from the S&P500 to reconsider their strategies by the end of the year.

Highlighting Bitcoin's performance, Lee noted a year-to-date return of over 50%, outshining the ongoing Mt.Gox funds distribution. With Bitcoin reclaiming key support levels and closing above $62,000 for the first time in six months, it is poised for further upward momentum.

Looking ahead, the focus in the crypto market is on upcoming spot Ether ETF listings, which are anticipated to attract fresh capital into the altcoin sector. Lee suggested that the second half of 2024 could see higher returns for altcoins compared to Bitcoin, potentially triggering a shift in crypto market dominance.

Overall, Lee's outlook underscores a bullish sentiment for Bitcoin amidst broader market dynamics and upcoming regulatory developments.

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