Tom Lee, the head of research at Fundstrat, a professional investment research institution specializing in the US stock market, recently stated in an interview with CNBC that he believes Bitcoin could surpass $100,000 within the next 12 months, possibly even reaching $150,000, and could potentially reach around $500,000 within the next five years.
When asked about his thoughts on whether traditional investors who purchase Bitcoin through exchanges would continue to do so once a spot ETF is approved, Tom Lee responded by saying that many young investors prefer to follow the principle of “my keys, my coin,” meaning they prefer to have direct control over their private keys. However, he also predicted that older investors may still prefer to hold the asset through public markets and intermediaries.
