{"id":142637,"date":"2024-11-19T18:00:16","date_gmt":"2024-11-19T16:00:16","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142637"},"modified":"2024-11-19T15:04:49","modified_gmt":"2024-11-19T13:04:49","slug":"crypto-expert-weighs-in-on-bitcoins-potential-to-reach-new-all-time-high-by-year-end","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-expert-weighs-in-on-bitcoins-potential-to-reach-new-all-time-high-by-year-end\/","title":{"rendered":"Crypto Expert Weighs in on Bitcoin’s Potential to Reach New All-Time High by Year-End"},"content":{"rendered":"
Tom Lee, an analyst at Fundstrat, believes<\/a> <\/strong>that BTC\u2019s value will likely exceed $100K in the coming months, particularly after President-elect Trump names his pick for U.S. Treasury Secretary.<\/p>\n During a CNBC interview on November 18, Lee expressed confidence, stating that surpassing the $100K threshold \u201ccomfortably\u201d makes sense before 2024 concludes. He also highlighted the ongoing \u201cTrump trade\u201d and suggested that Trump\u2019s Treasury Secretary selection, coupled with Nvidia\u2019s upcoming earnings report on November 20, could provide bullish catalysts for Bitcoin<\/a><\/strong>.<\/p>\n Market experts are divided over the significance of Trump\u2019s Treasury Secretary appointment, with some speculating that it could lead to the creation of a national Bitcoin reserve. However, the market has not priced in this possibility, with Polymarket only assigning a 33% probability to the reserve\u2019s creation.<\/p>\n