During an appearance on CNBC’s “Squawk Box” on May 6, Tom Lee, the co-founder of Fundstrat Global Advisors, shared his optimistic outlook on Bitcoin’s price trajectory, predicting a substantial increase to $150,000 by the end of 2024. 

Lee’s bullish sentiment extends further, suggesting that Bitcoin could reach $500,000 within five years. This forecast comes amidst ongoing market volatility and inflation concerns, highlighting Lee’s confidence in Bitcoin’s long-term value proposition.