Tom Lee: $BTC will replace Gold and exceed $250,000 by the end of the year.

▪$BTC is eventually expected to replace Gold – this is its most obvious and understandable use case.

▪The price is expected to exceed $1,000,000 if this idea is adopted by institutions.

▪The theory of cycles no longer works due to the arrival of large and long-term holders.

Tom Lee is an analyst and co-founder of Fundstrat Global Advisors, head of BitMine Immersion Technologies.