Bitcoin Could Hit $150K This Year, Says Fundstrat’s Tom Lee

Lee’s comments came as bitcoin’s rally appeared to lose some steam following a 35% gain over the past couple of weeks to $53,000, its highest price in 26 months. It was recently changing hands at $50,900, down 1.8% over the past 24 hours, holding up slightly better than the broader-market CoinDesk20 Index’s (CD20) 3% decline during the same period.

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Cryptocurrencies: 17,050
Markets: 1,227
Marketcap: $ 3.37 T
24h Vol: $ 193.71 B
BTC Dominance: 58.00%