Supply Shortage Could Push Bitcoin Price Higher, Predicts Fundstrat’s Tom Lee
Tom Lee, chief investment officer of a prominent financial research firm, has expressed that Bitcoin could soon experience a supply shock once it surpasses the $100,000 mark. In an insightful CNBC interview, Lee highlighted that Bitcoin’s dwindling supply is becoming a pressing issue for cryptocurrency exchanges. This potential scarcity could trigger a surge in demand, leading to remarkable pricing dynamics in the near future. As more investors recognize Bitcoin’s limited supply, the anticipation of price increases grows. Keeping a close eye on Bitcoin’s trajectory will be essential for traders and investors as they navigate this evolving landscape.
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