The Potential Surge of Bitcoin Price With a Spot Bitcoin ETF Approval
With the increased interest in cryptocurrency investments, the approval of a spot bitcoin ETF in the U.S. could have a significant impact on the price of bitcoin. Tom Lee believes that the demand for bitcoin would exceed the daily supply, resulting in a clearing price of over $150K and potentially even reaching $180K. This surge in price could open up new opportunities for investors and further establish bitcoin as a mainstream investment asset.
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