TOM LEE: BITCOIN ETF ONLY POSSIBLE IF BTC PRICE BREAKS $150K!!!

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Tom Lee Bitcoin ETF

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Tom Lee in a recent interview with BLOCKTV said, “The Bitcoin (BTC) price has to be about $150,000 to be liquid enough for a related exchange-traded fund (ETF).”

According to Thomas Lee, co-founder of market research firm Fundstrat, “A Bitcoin ETF is a few years away from now.”

“An ETF is likely to generate close to 13 billion dollars of demand the first year, and that’s a massive demand imbalance to available supply.”

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

News Resources From Today’s Show:

https://www.tradingview.com/chart/BTCUSD/izJdUZVG-BITCOIN-Bottom-in-December-See-this-scary-coincidence/

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