Analyst Tom Lee predicts bitcoin’s growth to $ 150,000

Popular financial analyst Tom Lee gave an interview to the authoritative CNBC. The specialist noted that the flagship of the crypto market is systematically moving towards the target of $ 150,000. The expert also emphasized that bidders need to assess long-term prospects rather than focus on short-term price fluctuations.

«I assume that the potential bullish trend is at an early stage of formation. However, the probability of bitcoin’s growth to $ 150,000 this year remains a baseline scenario for me ,» the expert said. The analyst points to macroeconomic changes as a factor in the potential growth of the main digital coin. He believes that the actions of the Federal System can push the flagship of the crypto market to this level.

In this context, it is worth mentioning that new data on inflationary dynamics has recently come from the United States. They show new signs of a steady slowdown in prices. However, Fed officials are still cautious. Some officials have taken a hawkish stance, emphasizing that the agency needs to keep the key policy rate at high levels. This follows from the recently published minutes of the Fed’s meeting.

However, many global market participants are enthusiastic and believe that the main US regulator will start reducing the refinancing rate as early as September this year. It is too early to judge this, as the Fed relies primarily on macroeconomic statistics.

Many representatives of the Federal Reserve emphasize that there are no clear prerequisites for the fact that inflation in the US economy is systematically slowing down to the target 2% per annum. Despite this, the crypto market continues to show clear optimism.