Tom Lee, co-founder of Fundstrat, has projected Bitcoin's future valuation to reach between $1.6 million and $2 million, contingent on gold prices hitting $5,000 per ounce. In a discussion with Anthony Pompliano, Lee emphasized that the current bull market is widely disliked due to political biases and suggested that Bitcoin's traditional four-year cycle may no longer be relevant. He also noted the potential of Ethereum as a Wall Street reserve asset, setting a price target of $21,000.