Hedge fund veteran Tom Lee is maintaining bullish conviction on both the stock market and Bitcoin (BTC) following the much-anticipated halving on April 20.
In a new interview on CNBC, Lee says the halving, which cut Bitcoin miners’ rewards in half late last week, along with the rise of the Runes protocol, which has helped generate massive amounts of fees for the flagship blockchain, is going to contribute to upward pressure on price.
The Fundstrat co-founder, who has been vocally bullish on Bitcoin for many years now, is forecasting a Bitcoin cycle top of $150,000, potentially before the year’s end.
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“It’s a reminder of the sound money of Bitcoin because it’s pre-programmed every 210,000 blocks to cut the block reward. We know it means you’re
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