Is The Bitcoin Supercycle Dead? Tom Lee Says BTC Price Is ‘Easily Going To $1M’
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Is The Bitcoin Supercycle Dead? Tom Lee Says BTC Price Is ‘Easily Going To $1M’
Fundstrat’s Tom Lee says Bitcoin price could “easily” reach $1 million, driven by institutional adoption and shift from legacy 4-year cycle. Lee argues that the historic BTC halving cycle is breaking down due to ETFs and institutional investors. As Bitcoin trades around $114,000, doubts rise about the once-hyped supercycle while Lee maintains bullish long-term expectations. Financial analyst and co-founder of Fundstrat Global Advisors, Thomas Jo…
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