Following a rally that pushed Bitcoin above $111,000 last week, crypto expert and co-founder of Fundstrat Global Advisors, Tom Lee, has issued his latest prediction for the future. 2023’s bullish trend suggests bitcoin is poised to enter a phase of rapid growth, according to Lee’s analysis. Lee, known for his bold Bitcoin predictions, cited data from Julien Bittel, head of macro research at Global Macro Investor, who shared a chart indicating four major market cycles since 2011. According to this chart, the current cycle started in 2022 and is currently experiencing its first correction phase. This correction coincides with bitcoin entering what is often referred to as ‘banana territory,’ a period of high growth potential after correcting phases.