Amid Bitcoin price’s surging momentum, Tom Lee, popularly known as the “Wall Street Big Bull,” has made a bold prediction regarding the cryptocurrency’s trajectory. Notably, Lee anticipates Bitcoin to reach $82,000 in the near term, followed by a potential surge to $150,000 by the end of 2024.
Meanwhile, his optimistic outlook comes amidst Bitcoin’s resurgence, nearing its all-time high and capturing the attention of investors worldwide.
Tom Lee’s Bullish Forecast
Tom Lee, the Head of Research at Fundstrat, recently shared his bullish perspective on Bitcoin’s future during a CNBC Last Call interview. Lee believes that Bitcoin is poised to return to its long-term trend line, projecting a price target of $82,000 shortly, with a further climb to $150,000 by the end of 2024.
Meanwhile, his prediction aligns with the current positive sentiment prevailing in the market, characterized by Bitcoin’s ongoing bull market phase. Notably, Bitcoin rallied through the $68,000 mark tod
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