$BTC

Bitcoin has recently entered a key phase in its market cycle, according to Tom Lee, co-founder of Fundstrat. In a Nov. 29 interview with Wealthion, Lee suggested that Bitcoin could reach $250,000 within the next 12 months. He explained that the upcoming halving event, which reduces the supply of Bitcoin, combined with rising institutional interest, is setting the stage for a price surge. At the time of writing, Bitcoin is priced at $97,343