Tom Lee: Bitcoin Still on Track for $150,000, Institutional Investors Positioning for Q4
2026-09-01 07:42
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 Federal Reserve 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 crypto stocks indicate that institutional investors are positioning for the fourth quarter.
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