A recent forecast by Tom Lee, co-founder of Fundstrat Global Advisors, has sparked a lively discussion among investors and experts in the cryptocurrency industry. According to Lee, the price of bitcoin could surpass the $100,000 mark by the end of 2024. This optimistic vision is based on several key factors that could become growth drivers for the main cryptocurrency.

Basis of forecast

1. Historical data and halving cycles
   Tom Lee relies on analyzing historical data where significant bitcoin rallies have occurred within 12-18 months of a halving. The last halving took place in April 2024, indicating the likely start of a new bull cycle in the coming months.
2. Interest from investors and institutional players
   Lee notes the increasing interest in cryptocurrencies, especially from institutional investors such as funds and banks. Recent endorsements of spot bitcoin ETFs announced by giants such as BlackRock and Fidelity provide further evidence of the big players’ growing confidence in the asset’s long-term potential.
3. Macroeconomic instability
   Amid inflation and instability in traditional financial markets, bitcoin is seen as “digital gold” – a safe haven asset that helps preserve capital. Investors are looking for safe assets, and bitcoin could be one of the main beneficiaries of this trend.

Possible risks

Despite the positive outlook, Lee also mentions a number of potential risks that could affect the market:

• Regulatory uncertainty: possibleregulatory changes and stricter rules for cryptocurrency exchanges and projects may restrain growth.
• Volatility: sharp price fluctuations may scare away some investors, especially retail investors, who may not be able to withstand the psychological pressure.

Conclusion

Tom Lee’s forecast emphasizes the confidence in bitcoin’s growth by the end of 2024. Taking into account previous halving cycles and the current macroeconomic situation, reaching the $100,000 mark seems to be a possible scenario. However, investors should consider all risks and closely monitor the development of the cryptocurrency market.

Thus, if Lee’s expectations are confirmed, bitcoin will reaffirm its status as the leading digital asset and could set new records in 2024.