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

[bitzizzix]

It is still plausible that Bitcoin price will reach $150,000 this year, and as many people say. That the approval of the ETF will increase the price of Bitcoin due to increased demand. In my opinion, the current increase in Bitcoin prices is the beginning of an increase in Bitcoin prices towards much higher prices.
However, it's a good idea not to trust anyone or experts' predictions too much. Because they are able to predict high prices because they know that after the halving the price of Bitcoin will rise and anyone can predict it according to their wishes, but we don't know what the highest price of Bitcoin will be this year. And anything can happen due to many factors that we don't know beforehand.

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[bSpend]

I honestly will agree that the price of bitcoin will reach and may even go above $150,000, but this may not happen this year but only possible by 2025. Now, I am not saying that it's completely impossible to happen, I mean, anything is completely possible in crypto, based on recent fact that many did not even expect bitcoin to already be above $60,000 by now, but then, $150,000 is not child's play, and for bitcoin to reach this amount this year, it will take extra ordinary good market condition, and if actually it does happen, I will love to see how the bitcoin and cryptocurrency community in general will feel about it, would be an amazing and crazy time to be in crypto (to say the least).

[Wexnident]

Hey, I was doubtful before but seeing as to how the market is just smashing through the prices right now I don't think 150k is that impossible. Granted I don't think we'd reach it this year but rather the next since I expect the bull run to have the most impact during that period. It might accelerate depending on whatever stuff happens in the next couple of months but I ain't no witch to be able to predict what big companies will do in relation to Bitcoin.

I reckon the pace would need to increase more especially after we reach ATH if we expect the market to go up to 150k by this year.

[JeffBrad12]

Hey, I was doubtful before but seeing as to how the market is just smashing through the prices right now I don't think 150k is that impossible. Granted I don't think we'd reach it this year but rather the next since I expect the bull run to have the most impact during that period. It might accelerate depending on whatever stuff happens in the next couple of months but I ain't no witch to be able to predict what big companies will do in relation to Bitcoin.

I reckon the pace would need to increase more especially after we reach ATH if we expect the market to go up to 150k by this year.

i think the pace right now is already good enough bitcoin pumping without breaks people are expecting some pulling or correction but it doesn't happen so it kinda reflects the current circumstance and sentiment of the market that people are definitely trying to find their way to invest into bitcoin now that even ETF is approved bitcoin available on the exchanges gonna be lower than usual.
I think if this pace keeps up even $100k maybe will happen within a month or two thats totally possible that with a big IF there's no correction happening.
regardless though its already good enough result if compared with previous bearish that really shake many people hands.
this situation is what I expected from bullrun, a real massive pump and continuous as well as sustaining its pump this is what I call real bullrun and its indeed happening this year around.

[lepbagong]

With the price before the halving period almost going over $64k With course, this is something extraordinary, coupled with the approval of the ETF, where we also know its role in the movement of bitcoin is very real, by holding so much that has been done.
It is not impossible that the ATH in 2021 will be passed before the halving period, and this will give a sign that the increase will be very sharp, and if the analysis made can reach $150K, it is not impossible for Bitcoin to do this.
However, the current increase coincides with the inseparable influence of ETFs and the halving period.
We are waiting for the next movement that Bitcoin will make before the halving period.

[Bushdark]

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 would not be surprised because I have seen so many prediction both positive and negative about the crypto market.
This is a good prediction and the probability of happening might be there so we need to know what we are doing so we don't end up predicting what will never going to happen this time. Bitcoin Price is ready set for 100k which I know that the time would come soon but we still don't know if it's going to be at this bull season. Maybe we need to keep watching.

[rodskee]

$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.

While I still not seeing this to happen that soon yet what you pointed is correct that since the
Spot ETF is unlocked then everything comes to reality in all cycle , and making things differently moving
now comparing to what we have in the past year specially in the past pre halving season that does not
bring like this one now.

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.

but lets not just act and comment about what we have been seeing this past days instead to
what is true potential of bitcoin because now that we have 2 trillion overall market capitalization and bitcoin
has 52% of the total? it seems that doubling the market capital will make us reach at least 100k before the year ends.

[Makus]

So many person have dropped their price predictions on Bitcoin, and it within the range of 100k to 150k I haven't seen any prediction higher than that amount. But what I believe is, predictions are just guessed numbers and it could or not happen just as predicted so, stop sounding as though the person making the prediction is God or the one behind the price movement (lol ) though the ETF approval and the halving event are facts that Bitcoin will increase to a new ATH, and with the rate at which Bitcoin moves, it's obvious it will arrive there in no time.

[wxa7115]

So many person have dropped their price predictions on Bitcoin, and it within the range of 100k to 150k I haven't seen any prediction higher than that amount. But what I believe is, predictions are just guessed numbers and it could or not happen just as predicted so, stop sounding as though the person making the prediction is God or the one behind the price movement (lol ) though the ETF approval and the halving event are facts that Bitcoin will increase to a new ATH, and with the rate at which Bitcoin moves, it's obvious it will arrive there in no time.

The OP made no such claims, they simply shared the views of someone they consider to be important and as such others may find their predictions to be important.

However the price of bitcoin is moving so ahead of schedule, that reaching 150k during this bull run is really possible, what I do not know is if that price can be reached during this year, as like most people I would have expected for the peak of the bull run to happen during 2025 and not 2024.