The approval of the BlackRock Bitcoin ETF will trigger a Bitcoin price explosion by over 600% to $180,000 per BTC predicts Fundstrat head of research Tom Lee in a recent TV interview on CNBC Market Alert.

"Well if the Spot Bitcoin gets approved, I think the demand will be greater than the daily supply of Bitcoin and so the clearing price is over $150,000. It could even be $180,000."

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