Bitcoin Eyes $150,000 in Q4 Rally, Says Fundstrat's Tom Lee

Bitcoin and Ethereum are poised for a strong fourth quarter, according to Fundstrat's Tom Lee. He believes that the crypto market turbulence from earlier in the year has ended, with key catalysts aligning for a year-end rally.

Lee notes that institutional interest is increasing, as well as the success of tokenization and new crypto products strengthening fundamentals.

He also points out that the end of the four-year market cycle signals renewed investor confidence.