15 Jan 2025

Could Bitcoin Hit $250K? Fundstrat’s Tom Lee Thinks So

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.

Bitcoin Fibonacci Levels. Source: Glassnode

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.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

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