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Tom Lee: Bitcoin Could Still Reach $150K as Institutions Position for Q4

OdailyOdaily

Odaily News: Tom Lee said on CNBC that Bitcoin could still rise to six figures due to the relatively small number of cryptocurrency holders; if the Fed raises interest rates but long-term yields fall, it could actually constitute monetary easing; he believes the recent cryptocurrency market rally is the first phase of an uptrend, and trading volumes in cryptocurrency stocks indicate that institutional investors are positioning for the fourth quarter.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.