Tom Lee Predicts $150,000 For Bitcoin In 2024

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Tom Lee, the co-founder of Fundstrat, in his recent appearance on CNBC’s ‘Squawk Box’, predicts Bitcoin will reach $150,000 in 2024. Lee believes the recent market downturn in April misled the market and that the BTC is just starting its Bullish phase. He also discussed the Bitcoin ETF’s significance, impact, and the exposure it provides to people and predicts Bitcoin will reach $500,000 in the next five years. Lee is sure that the US inflation rates will drop dramatically this year.