Bitcoin Price Could Hit USD 1,00,000 Mark This Year As Regulatory Barrier Set To Fail: Financial Analyst Tom Jong Lee

Bitcoin price has hit a new mark of USD 76,000 and it is expected to rise this year. According to a financial analyst Tom Jong Lee, the Bitcoin Price could USD 1,00,000 mark in 2024 amid as the regulatory barrier would fail.

Donald Trump, Bitcoin Logo (Photo Credits: Wikimedia Commons, Pexels)

Bitcoin price has drastically increased and reached USD 76,000 today. Two days ago, the value of the leading cryptocurrency hit an all-time high, crossing the US amid the dark after Donald Trump won the US Presidential Elections in 2024. According to renowned financial analyst, strategist and entrepreneur Tom Jong Lee from Fundstrat, Bitcoin prices could hit USD 1,00,000 in 2024, much higher than the earlier expected mark of USD 80,000. Bitcoin could reach to USD 1,00,000 due to the following reasons stated by Tom - lots of upside, Bitcoin is more relevant and regulatory barriers would fail due to Donald Trump. Bitcoin Price Hits All-Time High, Surpasses USD 75,000 Mark for First Time as US Election Exit Poll Results Show Donald Trump Leading.

Bitcoin Price Could Rise Up to USD 1,00,000 Mark, Said Analyst Tom Jong Lee

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