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Tom Lee: Bitcoin still on track to reach $150,000, institutional investors positioning for Q4

2026-09-01 07:42

Odaily News: Speaking on CNBC, Tom Lee stated that with a relatively small number of cryptocurrency holders, Bitcoin could still rise to six figures; if the Fed raises interest rates while long-term yields decline, this could effectively constitute monetary easing; he believes the recent cryptocurrency rally is the first phase of an uptrend, and trading volumes in crypto stocks indicate institutional investors are positioning for the fourth quarter.