Cindy Ord/Getty Images Fundstrat's Tom Lee said the approval of a new spot bitcoin ETF could send the token soaring in 2024. He told CNBC Wednesday that bitcoin could reach $180,000 next year. The strategist still sees upside even if a spot bitcoin ETF doesn't get approved by regulators. The world's largest cryptocurrency by market cap could rocket to a new record high next year if regulators approve the first ever US spot bitcoin ETF, according to Fundstrat's Tom Lee.