Tom Lee sees Bitcoin at $150,000 by the end of the year

“Wall Street bull” Tom Lee predicted in an interview that Bitcoin would soon rise to $150,000 – by the end of the year. Lee’s optimism is likely to boost investor confidence in cryptocurrency.

• Tom Lee expects Bitcoin to rise to $150,000 by the end of the year
• Confidence in Bitcoin’s long-term potential is likely to grow
• Bitcoin records positive market momentum

Bitcoin is in strong upward momentum. Fundstrat research director Tom Lee made a bold prediction about the development of the largest cryptocurrency during an interview with CNBC: He expects Bitcoin to rise to $82,000 in the short term and reach $150,000 by the end of the year. Lee’s optimism seems to be well-founded, as Bitcoin has resumed its upward trend and recently even set a new all-time high. Bitcoin is currently attracting the attention of investors worldwide.


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Lee’s forecast promises confidence

Lee also told CNBC that it is now time for Bitcoin to return to its long-term trend line. Therefore, he expects the cryptocurrency to reach $82,000 in the short term and rise to $150,000 by the end of the year. According to Lee, the surge in inflows into spot Bitcoin ETFs, the impact of the upcoming “block reward” halving, and growing investor interest in cryptocurrencies have pushed Bitcoin’s market cap to more than $1.3 trillion.

The Wall Street bull’s optimistic prediction that Bitcoin will reach $150,000 by the end of 2024 indicates growing confidence in the long-term potential of the largest cryptocurrency. His forecast is likely to add to the prevailing optimism, which appears to be fueled by recent market dynamics on the one hand, and positive regulatory developments surrounding Bitcoin’s future development on the other. Given the overall positive market dynamics, Lee’s confident outlook should boost investor confidence. This may pave the way for increased institutional entry and greater acceptance of cryptocurrencies as a viable asset class.

Bitcoin price at a glance

The cryptocurrency is currently trading at $69,611 (as of March 10, 2024). The current all-time high is $70,136.

Editorial team

Image sources: Wright Studio /, Jaruwan Jaiyangyuen /