Tom Lee: Bitcoin Still Expected to Reach $150,000 as Institutions Position for Fourth-Quarter Market Trends
Source：
x.com
During a CNBC program, Tom Lee stated that Bitcoin still has the potential to reach $150,000. He noted that cryptocurrency ownership rates remain low as institutional investors step in; if the Federal Reserve raises interest rates but long-term yields decline, the actual effect could amount to monetary easing. Tom Lee also believes that the recent rally in the crypto market may only represent the first phase, with trading volumes in crypto-related equities indicating that institutions are positioning themselves for a fourth-quarter rally.
