Bitcoin is currently valued at $91,800 and has risen by about 170%, defying most macroeconomic odds.

Appearing on the business news channel CNBC, Fundstrat’s Head of Research, Tom Lee, confirmed that he does not doubt that with the same pace, BTC ($101,997.60) would “comfortably” be trading for over $100,000 by the close of 2024. His projection reflects a modest 10.49% gain from its current price but follows a 33.33% revision of his earlier $150,000 target.