Bitcoin can easily top $150,000 in the next 12-18 months, says Fundstrat's Tom Lee 💪🪙

Tom Lee, Fundstrat Global Advisors managing partner and head of research, joins 'Squawk Box' to discuss the latest market trends, potential troubles facing the tech sector, Bitcoin reaching a new ATH a month before the Halving, and more.

The Bitcoin ETFs are buying more than $500M worth of Bitcoin per day causing the liquid market to dry up. These purchases cannot continue for long until there is no Bitcoin available on Exchanges for the civilian market. I would expect enormous price actions to occur once this happens, as the price of Bitcoin hits a God Candle, with the goal of encouraging Bitcoin holders to sell off to seed the ETFs.

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