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

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