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<p>The post <a href="https://coinpedia.org/news/big-bull-predicts-bitcoin-surge-to-82k-soon-150k-by-2024/">Bitcoin Bull Tom Lee Forecasts $82,000, Eyes $150,000 as Market Heats Up</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Tom Lee, the Wall Street luminary widely known as the “Big Bull,” is making waves with his bold predictions for Bitcoin’s future. It’s going to be a rollercoaster ride, as Lee envisions a short-term surge to $82,000 and an even more ambitious climb to $150,000 by the end of 2024.</p> 
<h2 class="wp-block-heading" id="h-the-big-bull-s-optimistic-stance">The Big Bull’s Optimistic Stance</h2> 
<p>In a recent <a href="https://www.cnbc.com/video/2024/03/04/fundstrats-tom-lee-weighs-in-on-bitcoin-passing-68000.html">CNBC interview</a>, Tom Lee, Head of Research at Fundstrat, shed light on his bullish perspective regarding Bitcoin’s trajectory. According to Lee, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin</a> is poised to follow its long-term trend, with a rapid ascent to $82,000 in the near future and a formidable push towards the $150,000 mark in the years to come.</p> 
<p>Lee’s optimism aligns seamlessly with the current market sentiment, especially as Bitcoin inches closer to its previous all-time high. Despite a minor pullback, Lee’s predictions gain momentum amid Bitcoin’s resurging rally.</p> 
<h2 class="wp-block-heading" id="h-a-soaring-market-cap">A Soaring Market Cap</h2> 
<p>As the cryptocurrency market cap surpasses a staggering $1.3 trillion, various factors contribute to this monumental surge. Increased investments in <a href="https://coinpedia.org/news/spot-bitcoin-etfs-achieve-second-highest-daily-trading-volume-hitting-5-5b/">Bitcoin ETFs</a>, anticipation surrounding the upcoming halving, and growing investor interest collectively fuel the cryptocurrency’s remarkable ascent.</p> 
<p>Read More: <a href="https://coinpedia.org/news/key-reasons-why-bitcoin-price-will-surge-beyond-70k-this-week/">Will Bitcoin Price Breach $70,000? Key Week Ahead for the Crypto Market!</a></p> 
<h2 class="wp-block-heading" id="h-lee-s-forecast">Lee’s Forecast</h2> 
<p>Beyond being a mere forecast, Lee’s projections exude confidence, potentially paving the way for heightened institutional interest and broader cryptocurrency adoption. This upbeat outlook might just be the catalyst the market needs.</p> 
<p>CoinGlass data reveals that the CME Exchange is currently leading the pack in <a href="https://www.coinglass.com/BitcoinOpenInterest">Bitcoin Open Interest</a>, boasting a remarkable 5.90% surge from yesterday. This places it ahead of other platforms like Binance and Bybit.</p> 
<h2 class="wp-block-heading" id="h-current-bitcoin-metrics">Current Bitcoin Metrics</h2> 
<p>As of now, Bitcoin is trading at around <a href="https://markets.coinpedia.org/bitcoin/">$66,849.99</a>, marking a modest 1.44% increase. Moreover, its trading volume has surged by an impressive 82.34% to $75.32 billion, with Bitcoin Futures Open Interest rising by 6.27% to 485.87K BTC or $32.39 billion.</p> 
<p>However, Lee’s bullish outlook goes beyond being a mere prediction. It catalyzes increased investor confidence, potentially opening the door to greater institutional inflows. Lee’s bullish outlook transcends mere speculation; it instills confidence in the market, potentially unlocking the door to increased institutional inflows. </p> 
<p>Also Read: <a href="https://coinpedia.org/news/cryptocurrency-analyst-credibull-crypto-breaks-down-when-alt-season-could-begin/">Crypto Market Prediction: Analyst Predicts Altcoin Season Timeline Based on Bitcoin’s Moves</a></p>

Bitcoin Bull Tom Lee Forecasts $82,000, Eyes $150,000 as Market Heats Up

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