Overview

• Bitcoin trades near $112,000 after setting an all‑time high around $124,128 last month, according to CoinGecko.
• Lee told CNBC that cryptocurrencies are highly sensitive to monetary policy and that fourth‑quarter seasonality favors gains.
• He cited bond‑market reactions to softer jobs data and rising expectations for multiple rate cuts by year‑end as support for his view.
• Coverage notes Lee’s history of bold targets with timing that has not always landed, including a prior forecast that missed.
• Skeptics counter the call, with Peter Schiff highlighting gold’s recent strength and betting markets assigning low odds to a $200,000 print this year.