Tom Lee Sees Bitcoin as High as $200,000 by the End of January

In finance circles, Tom Lee has built a reputation for bullish, audacious and arguably fantastical bets—the S&P 500 index more than doubling by 2030 or Bitcoin reaching $3 million (versus roughly $90,000 today) during that same stretch. But when it comes time for us to make our way from his Midtown Manhattan office to the New York Stock Exchange, on the island’s southernmost tip, Lee is undeniably a realist. At this late-afternoon hour, he knows a brisk 10-block walk to the express train is a much better bet than the hired car his chief marketing officer has suggested we hail. ...