Fundstrat says bitcoin is headed to $100,000 by year-end as a trading rule kicks in

In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background.
Omar Marques | SOPA Images | LightRocket | Getty Images

Bitcoin's price broke $46,000 on Monday – its highest level since the middle of May – and Fundstrat Global Advisors believes the digital coin could soar to $100,000 by year-end.