Bitcoin: 95% mined, 95% of people don’t own it Tom Lee’s latest bullish video on Bitcoin is out! He breaks it down purely from a supply-demand perspective—clear and straightforward. After watching, you’ll never doubt Bitcoin again. The future in one word: UP! 1. **Supply & Demand Status** ∙ 95% of Bitcoin has been mined, but 95% of the global population still doesn’t own any ∙ There’s a significant supply-demand imbalance: over the next decade, potential buyers will far outnumber the available supply ∙ This imbalance will drive prices higher, with year-end target prices estimated between $150K and $250K 2. **Value Comparison** ∙ Gold’s current market cap is around $23 trillion ∙ If Bitcoin reaches the same network value, its price per coin should be $1.2M ∙ In the long term, Bitcoin could potentially surpass gold in value, with prices reaching $2M–$3M or even higher 3. **Price Expectations** ∙ The minimum fair valuation should match gold’s market cap, i.e., $1.2M per Bitcoin ∙ In an optimistic scenario, long-term value could exceed $3M ∙ At the current price (~$104K), there’s still massive room for growth #Bitcoin #Crypto #TomLee #BTC