Bitcoin Price Could Double to $150K in Coming Months, Analyst Predicts

Bitcoin could increase by 119% to over $150,000 in 12-18 months according to Tom Lee of Fundstrat Global Advisors
Factors aligning for Bitcoin growth include spot ETF demand, upcoming halving, dovish Fed policy, and favorable regulatory environment
Currently a supply-demand imbalance for Bitcoin with strong spot demand but limited new supply
Inflows into Bitcoin products like spot ETFs and from institutional investors signal growing demand
Bitcoin currently trading around $68,350, up nearly 2% in last 24 hours