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Bitcoin Could Triple In 10 Months, Tom Lee Says: ‘Criminals Don’t Trust Anybody, But They Trust Bitcoin’

Fundstrat’s Tom Lee is out with another bullish call on Bitcoin (CRYPTO: BTC) with the world’s largest cryptocurrency trading around the $51,000 level. “I think it, you know, could be as high as $150,000 this year,” Lee said Wednesday on CNBC’s “Squawk Box.” What To Know: Bitcoin crossed the $50,000 level earlier this month for the first time in two years as crypto markets have benefitted from increased institutional adoption on the back of recently approved spot ETFs and excitement surrounding April’s halving event. Lee’s bullish call is backed by the supply-demand dynamics of Bitcoin. There’…