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Bitcoin To Hit $150K By Year-End, Says Fundstrat’s Tom Lee: ‘…A Beeline Back Towards Its Long-Term Trend Line’

In a recent development, Tom Lee, the head of research at Fundstrat, has made a bullish prediction for Bitcoin. What Happened: Lee shared his outlook for the future of Bitcoin on CNBC’s “Last Call.” He believes that Bitcoin’s price will soon reach its long-term trend line of $82,000, and could potentially hit $150,000 by the end of 2024. “I think Bitcoin makes a beeline back towards its long-term trend line, which is probably $82,000 in the near term, $150,000 before year-end,” he said. Lee’s prediction comes at a time when Bitcoin is on the verge of breaking its all-time high. The cryptocurre…

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