The Price of Bitcoin (BTC) Could Surge Past $150,000 by 2024, Says Fundstrat Research Boutique
Investment research boutique Fundstrat predicts that the price of Bitcoin (BTC) will surge past $150,000 by the end of 2024, as long as the current slew of United States spot-Bitcoin exchange-traded funds (ETFs) are approved. Fundstrat’s managing partner and head of research, Tom Lee, made the prediction in an interview on CNBC’s Squawk Box. He believes that the approval of these ETFs will shift Bitcoin’s supply-demand dynamics, leading to significant price appreciation.
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