Tom Lee: Bitcoin Still on Track to Reach $150,000, Institutional Investors Positioning for Q4

Odaily News: Speaking on CNBC, Tom Lee stated that due to the relatively small number of cryptocurrency holders, Bitcoin could still rise to six figures; if the Fed raises interest rates but long-term yields decline, this could effectively constitute monetary easing; he believes the recent crypto 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.