Will Bitcoin (BTC) Surpass $100,000 Before Year-End? Tom Lee’s Bullish Prediction 📈💰
Tom Lee, the Chief Investment Officer at Fundstrat Global Advisors, confidently predicts that Bitcoin will close 2024 “well above $100,000.” Despite recent fluctuations, Lee highlights growing momentum in the crypto market and the limited supply of Bitcoin on over-the-counter exchanges, which he believes will trigger a “major chase” and push prices higher.
Lee also pointed out the psychological resistance at $100,000 but remains optimistic that Bitcoin will break this level within the next few weeks. This bullish outlook aligns with his broader market view, which includes an expected rally for the S&P 500 reaching 6,300 points by year-end.
This post does not offer investment advice.