Investors in Bitcoin (BTC) are eagerly monitoring the leading cryptocurrency as it displays signs of a promising recovery. Recent increases in prices and forecasts from experts such as Tom Lee have sparked enthusiasm about the potential for Bitcoin to reach $150,000. What reasons fuel this positive outlook, and when is it expected that this goal will be accomplished? Tom Lee, the head of research at FundStrat, continues to be optimistic about Bitcoin. In a recent interview with CNBC, Lee confirmed his belief that the price of BTC has the potential to reach $150,000 by the end of the year. He credits his positive outlook to a combination of reasons, such as an increase in demand caused by the launch of new ETFs and a reduction in supply as a result of halving. Furthermore, Lee anticipates that accommodating monetary policies will strengthen BTC and other high-risk assets. Michael Saylor has also stated that he has no plans to stop purchasing Bitcoin. The most recent increase in Bitcoin’s value, with a significant 35% jump in a short period of time, drove its price up to $53,000, reaching its highest point in more than two years.