Michael Saylor Reacts Bullishly to Tom Lee’s $100,000 2024 Bitcoin Prediction By U.Today
From Investing.com
November 9, 2024 11:00 AM:
Tom Lee predicts Bitcoin could reach six figures this year, potentially becoming a Treasury Reserve asset for the U.S. Michael Saylor agrees, foreseeing nations adopting Bitcoin as a Treasury Reserve Asset. Bitcoin price hits $77,252, then mildly rebounds to $76,500 after traders lock in profits from the 11.35% surge post-Fed Reserve rate cut.
Bitcoin maximalist Samson Mow predicts BTC surpassing $80,000 soon, emphasizing its current affordability compared to historical prices. Social narrative changes and profit-taking lead to a 1% rebound after hitting an all-time high. Fundstrat’s Tom Lee maintains his bullish outlook, expecting Bitcoin to reach $100,000 by year-end and beyond.
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