Permabull Tom Lee has shared yet another uber-bullish Bitcoin price prediction
Lee highlighted the interplay between cryptocurrencies and the broader monetary climate. He posited that stabilization in inflation rates could pave the way for more relaxed financial conditions.
This, in turn, might prompt central banks to ease their grip, setting a conducive stage for cryptocurrencies, with Bitcoin at the forefront. Zooming out to the wider financial landscape, Lee commented on the ebb and flow of recent inflation trends. He noted that the current core inflation, pegged at 0.16%, is anchored by robust housing figures. Yet, he foresees these currents mellowing, projecting inflation to recede below 2% by mid-next year.
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