Could Bitcoin Hit $250K? Fundstrat’s Tom Lee Thinks So
Tom Lee, Head of Research at Fundstrat, forecasts that Bitcoin’s price could climb to $250,000 by the end of 2025, even though he anticipates a possible correction in the near term.
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Lee maintains a bullish outlook on the crypto market but acknowledges the likelihood of a pullback to $70,000. He describes such a decline as entirely normal for a highly volatile asset like Bitcoin. Over the past two days, Bitcoin experienced a 6% drop before quickly recovering to previous levels.
“Bitcoin is down 15% from its highs for a volatile asset, which is a normal correction,”
Lee remarked regarding the recent market dip.
This recent decline is mild compared to past corrections, which often ranged between 30% and 50%. The reduced volatility, Lee argues, reflects the growing maturity of Bitcoin, bolstered by increased liquidity and institutional adoption from major players like BlackRock and MicroStrategy, alongside favorable shifts in U.S. policy.
Lee’s analysis, based on Fibonacci levels, highlights key zones of support and resistance. He warns that if Bitcoin breaks below the $70,000 support level, it could dip to $50,000. However, he considers this scenario highly unlikely unless significant global events disrupt the market.
Lee concludes that Bitcoin remains a promising diversification tool for 2025. Nonetheless, he advises investors to carefully evaluate their financial capacity and remain aware of the potential risks and rewards associated with this volatile market.
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