Bitcoin Price Rally Ahead: Tom Lee's Visionary Prediction Foresees $150,000

[Cryptocrit]

Tom Lee predict that the price of BTC will hit $150000 in 2024

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiApuV3MnU6Ust-tF5SQl7xoP2t860bcf2DYMdBdrtsFnIl9uUICFSObz-QZyQc5utS-NGNb8BlVTbuiIAjquw8om-Ls3yzATO7BBRScShHyuE_z6E6QT9FOv4qduKXoBcnAtqfFECP1KotgrLQD78zhz6ELYWlfjEJ3XOkFOHS9xVl4BdiRPZnM12XkZ6i/w640-h638/Screenshot_19.jpg

Tom Lee, who leads the research team at Fundstrat Global Advisors, has boldly predicted that Bitcoin's price will reach $150,000. This forecast stands out amidst Bitcoin's recent pause in its upward trend and differs from some analysts who expect a period of slower growth. Lee's optimism is based on several factors. He believes that the demand for Bitcoin will rise due to the potential approval of Bitcoin Exchange-Traded Funds (ETFs), an upcoming event known as the Bitcoin halving which reduces the supply of new bitcoins entering circulation, and the possibility of the Federal Reserve easing monetary policy.

Read more....
https://www.cryptocrit.xyz/2024/02/Bitcoin-price-prediction-Tom-Lee.html

[DeathAngel]

$150,000 is definitely possible, one might even say it’s moderately bearish. With all the potential capital now unlocked through the Bitcoin spot etfs we have real potential for a super cycle. It’s a really exciting time to be invested in Bitcoin & crypto in general.

[hamba laeh]

Tom Lee predict that the price of BTC will hit $150000 in 2024

Tom Lee, who leads the research team at Fundstrat Global Advisors, has boldly predicted that Bitcoin's price will reach $150,000. This forecast stands out amidst Bitcoin's recent pause in its upward trend and differs from some analysts who expect a period of slower growth. Lee's optimism is based on several factors. He believes that the demand for Bitcoin will rise due to the potential approval of Bitcoin Exchange-Traded Funds (ETFs), an upcoming event known as the Bitcoin halving which reduces the supply of new bitcoins entering circulation, and the possibility of the Federal Reserve easing monetary policy.

Read more....
https://www.cryptocrit.xyz/2024/02/Bitcoin-price-prediction-Tom-Lee.html

Whoever says Bitcoin will reach a price of $150,000 in 2024, I think it's very imposible to happen and I don't believe that analysis. but it would be different if he said that in 2024 bitcoin would reach $100,000, then I would be able to accept his analysis. although anything can happen to cryptocurrency, especially Bitcoin. However, it would be very unreasonable if Bitcoin could reach a price of $150,000 in 1 year.

[wheelz1200]

Tom Lee predict that the price of BTC will hit $150000 in 2024

Tom Lee, who leads the research team at Fundstrat Global Advisors, has boldly predicted that Bitcoin's price will reach $150,000. This forecast stands out amidst Bitcoin's recent pause in its upward trend and differs from some analysts who expect a period of slower growth. Lee's optimism is based on several factors. He believes that the demand for Bitcoin will rise due to the potential approval of Bitcoin Exchange-Traded Funds (ETFs), an upcoming event known as the Bitcoin halving which reduces the supply of new bitcoins entering circulation, and the possibility of the Federal Reserve easing monetary policy.

Read more....
https://www.cryptocrit.xyz/2024/02/Bitcoin-price-prediction-Tom-Lee.html

Whoever says Bitcoin will reach a price of $150,000 in 2024, I think it's very imposible to happen and I don't believe that analysis. but it would be different if he said that in 2024 bitcoin would reach $100,000, then I would be able to accept his analysis. although anything can happen to cryptocurrency, especially Bitcoin. However, it would be very unreasonable if Bitcoin could reach a price of $150,000 in 1 year.

Based on what.  In other markets we have seen some of the same parabolic movement.  I'm not going to go out and say it will but to say $150k  from here is on a 1.5x for the entire year.  That is more than possible.  With the halving and reduction of  supply in any new blocks coupled  with retail buying in with the etfs I can easily see it going over $200k.

[jrrsparkles]

One who predicts Bitcoin will hit 150K doesn't need to know rocket science, it's just a basic math calculation based on the growth of Bitcoin in it's previous cycle. I said few months back about 130K will be the most least new ATH and probably it can reach 180K to 200K based on the technical analysis and ofcourse JJG gave better predictions with chances of happening with different probability rates.

[evichi]

As at 2nd October, 2023 (at Coinmarketcap) the price of Bitcoin was $27,926.80, while as at the time of writing this comment, the price is now $61,375.47 - indicating more than 100% increase. With more awareness in the cryptocurrency space as well as the potential growth of Bitcoin due to the anticipated halving event, it is likely that many people will key into Bitcoin. Judging from the already achieved milestone in growth within 5 months (Oct. 2023 - Feb. 2024), and also looking at a likely investment in Bitcoin due to increased awareness, as well as FOMO (fear of missing out), I foresee more people keying into Bitcoin within this upcoming months. As a result, I am of the opinion that $150,000 target is achievable.

[poodle63]

$150,000 is definitely possible, one might even say it’s moderately bearish. With all the potential capital now unlocked through the Bitcoin spot etfs we have real potential for a super cycle. It’s a really exciting time to be invested in Bitcoin & crypto in general.

ETF approval is just the beginning there are tons and tons of countries and government out there gonna be making bitcoin legitimate for investment its just matter of time.
and I do agree $150k is borderline pessimistic figure for this bullrun and the future progression of bitcoin price growth, we will definitely see massive increase.
considering that currently right now we are beyond the or above the trajectory of predicted bitcoin price progression I think its fair to say that maybe we will see $200k.
for those that longed with super high leverage definitely they are making some good big money for them with just few months waiting.
meanwhile for those that missed well I guess its already missed opportunity but if they believe that the price can surge as far as $200k then there's maybe some chance left.
be sure to make proper analysis first before investing though since its hard to determine the right time after high bullrun like this.

[PrivacyG]

Those who say it is impossible have never seen what Bitcoin can do after a Halving or think this way because psychologically it is weird to think about it.  But 150 thousand is less than 300 percent up from where we are now.  These are numbers Bitcoin has EASILY crushed before.

Yes.  The Market Cap would be insanely large.  But does any of you believe that any think made sense financially and economically in the past half decade?  It seems like just any thing is possible.  A few trillion worth of Bitcoin nowadays seems like a drop in the ocean considering the recent inflation and all.

[Sebas.tian]

With this current price of Bitcoin, I think $150,000 is possible for Bitcoin investors to experience from their investment this year because the price has moved higher to reach $70,000 soon in the second month in 2024, which there is still time for the price to perform better for the price to come to reality before the end of this year. You can see that altcoins price too is following the prediction some experts gave in the past, and many altcoins price has increased higher to allow their investors to begin to achieve what they didn't achieve last year from the market. I think, this bullish market will continue till the end of next year, so that the price will hit $120,000  next week just to attract many holders to get ready to experience $150,000 in the market.

[wxa7115]

Those who say it is impossible have never seen what Bitcoin can do after a Halving or think this way because psychologically it is weird to think about it.  But 150 thousand is less than 300 percent up from where we are now.  These are numbers Bitcoin has EASILY crushed before.

Yes.  The Market Cap would be insanely large.  But does any of you believe that any think made sense financially and economically in the past half decade?  It seems like just any thing is possible.  A few trillion worth of Bitcoin nowadays seems like a drop in the ocean considering the recent inflation and all.

At this point we must accept that anything is possible, I had expectations that were lower than 150k, but the performance of bitcoin has been so positive that the only way I could see it failing to reach that price is if yet another global crisis were to strike, similar to what we had to covid during the previous cycle.

But if this does not happen it is entirely possible that 150k could even be kind of low, and bitcoin was able to grow even and surpass that level with ease.

[Essential10]

Tom Lee predict that the price of BTC will hit $150000 in 2024

Tom Lee, who leads the research team at Fundstrat Global Advisors, has boldly predicted that Bitcoin's price will reach $150,000. This forecast stands out amidst Bitcoin's recent pause in its upward trend and differs from some analysts who expect a period of slower growth. Lee's optimism is based on several factors. He believes that the demand for Bitcoin will rise due to the potential approval of Bitcoin Exchange-Traded Funds (ETFs), an upcoming event known as the Bitcoin halving which reduces the supply of new bitcoins entering circulation, and the possibility of the Federal Reserve easing monetary policy.

Read more....
https://www.cryptocrit.xyz/2024/02/Bitcoin-price-prediction-Tom-Lee.html

I've been seeing the price of Bitcoin rise even before the Bitcoin ETF was approved in January. Yesterday I saw on my phone notification that Bitcoin had touched $64k. It is possible for Bitcoin price to reach $150k, but from my personal opinion and thoughts I would say that it may take years for Bitcoin to reach such a level. Bitcoin halving ahead, everyone is expecting a big bull run after bitcoin halving. I don't think Bitcoin price will reach $150k in the next bull run, I think it could be between $90k-$110k.

[Bureau]

I don't think $150k is possible by the end of this year. We saw how fast the price of Bitcoin came down from $64k to $61k in just a couple of hours. At the moment it is still hovering around the $61k to $62k price point. If Bitcoin has to reach the $150 price point it needs to first break its ATH. First, we need to wait for that to happen and then only we can look further. Such predictions will become more frequent as Bitcoin keeps on pumping.

[batang_bitcoin]

I hope that he's right on this one. They're always there when we're having a rally honestly. And most of them that are predicting such high prices, they're always not right with it. That's why I am saying that I hope that he's right on this one because if not another failed prediction and we get the idea on how they do it. They'd do it whenever they're comfortable and they tell any prediction they want to say because the market is so bullish just a Bitcoin and any prediction that they'd say are likely to be favorable to them whether it happens or not.

[siedemtrzy]

I don't think $150k is possible by the end of this year. We saw how fast the price of Bitcoin came down from $64k to $61k in just a couple of hours. At the moment it is still hovering around the $61k to $62k price point. If Bitcoin has to reach the $150 price point it needs to first break its ATH. First, we need to wait for that to happen and then only we can look further. Such predictions will become more frequent as Bitcoin keeps on pumping.

Well, it seems like ATH is possible next month. And if we hit ATH before the halving, I suppose it might get a lot higher after it.

[Kelward]

In the start of this year, I was modestly predicting Bitcoin price to reach $100k around the peak of bull run, but with the events of the past few days, I now tend to believe in a higher figure, it's happening quite fast and I hope that it keeps this momentum. I was thinking that it's after the halving, when Bitcoin supply will be cut in half that the scarcity will fuel price increase, but I'm quite surprised that it didn't wait for halving to start this high pump, which makes me to be wondering more if we'll continue to see this price progression immediately after halving. What is sure is that we'll experience an explosive ATH in this bull season.

[Marvelman]

I wouldn't underestimate Bitcoin's potential here and I'd say $150,000 for Bitcoin is not out of the question.  Considering the new spot ETFs opening up more investment capital, we might just see prices take off again like after previous Bitcoin halvings.  Folks claiming those kinds of gains aren't doable probably haven't witnessed what this asset can pull off before and  or maybe its just hard to wrap your head around prices getting that high.  Bitcoin has defied expectations before.  Remember the naysayers back in 2021? Those who claimed a mere $50k was delusional?  Look how that turned out.

[bluebit25]

Speculating on the price of bitcoin in that range is very feasible. I also have some goals that I am building so as not to miss opportunities in the market and especially with bitcoin.

I also just reviewed the "Bitcoin Rainbow Chart" although it is just speculation and is also outdated but still very positive for the target of $150000. At this time, doubts and excitement are quite tense as investors factions are expressing their own views. But in the end, opportunities/risks always exist at any time in this field, investing with bitcoin also has many topics to discuss and it mainly depends on what we are doing.

[Sophokles]

Tom Lee predict that the price of BTC will hit $150000 in 2024



Tom Lee, who leads the research team at Fundstrat Global Advisors, has boldly predicted that Bitcoin's price will reach $150,000. This forecast stands out amidst Bitcoin's recent pause in its upward trend and differs from some analysts who expect a period of slower growth. Lee's optimism is based on several factors. He believes that the demand for Bitcoin will rise due to the potential approval of Bitcoin Exchange-Traded Funds (ETFs), an upcoming event known as the Bitcoin halving which reduces the supply of new bitcoins entering circulation, and the possibility of the Federal Reserve easing monetary policy.

Read more....
https://www.cryptocrit.xyz/2024/02/Bitcoin-price-prediction-Tom-Lee.html

The least expected price target for 2024 is 100k. I think no one disagrees on that so i wanted to be optimistic about the value. 150k is not so hard to get but i think it might not happen this year. We can cross that level in 2025 when bitcoin will reach its all-time high for this cycle. But this cycle seems a bit different so it is possible that we will get that 150k early as Tom Lee predicted. But if this don't happen before the end of ETF accumulation that price target will shift to the next year.

[el kaka22]

It is not really all that complicated, this could very well happen and we shouldn't be shocked about it to be fair. I believe that the best thing to do in this case would be making sure that we are dealing with something that would benefit us. I hope to see it change one way or another and the best way to go would be making sure that all is well, and we are not dealing with anything crazy.

I hope that we are going to end up with a good result eventually, so it should not be something that may change on the long run. This dude saying 150k is something good, it shows a hype or at least a bit of FOMO to the market and that means people will invest more and more with that fear. This will increase the price a lot as well.

[goaldigger]

I don't think $150k is possible by the end of this year. We saw how fast the price of Bitcoin came down from $64k to $61k in just a couple of hours. At the moment it is still hovering around the $61k to $62k price point. If Bitcoin has to reach the $150 price point it needs to first break its ATH. First, we need to wait for that to happen and then only we can look further. Such predictions will become more frequent as Bitcoin keeps on pumping.

If bull will stay longer then we might see this kind of level but to be more safe better to predict realistically and better to have your own analysis so you can know when to buy and sell. Bitcoin price volatility is very high and yes it can pump and dump in an instant so make sure to be more cautious and trade responsibly, if playing long term is your target then you’re in a good path especially if you also aim for $150k.