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Friday, 07/05/2024 7:27:14 AM

Friday, July 05, 2024 7:27:14 AM

Post# of 227698
With all the volatility in Bitcoin, Tom Lee still thinks it's going to 150K. See quote.

"Tom Lee, co-founder and head of research at Fundstrat Global Advisors, told CNBC’s “Squawk Box” Monday that he still sees bitcoin hitting $150,000 despite the “overhang” from Mt. Gox’s upcoming disbursement of tokens to creditors.

“If I was invested in crypto, knowing that one of the biggest overhangs is going to disappear in July, I’d think it’s a reason to actually expect a pretty sharp rebound in the second half,” Lee said."
Bullish
Bullish

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