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

Odaily News: 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 while long-term yields decline, this could effectively constitute monetary easing; he believes the recent crypto market movement is the first phase of an uptrend, and trading volumes in crypto stocks indicate institutional investors are positioning for the fourth quarter.