Fundstrat’s Lee predicts Bitcoin will reach $250k
Pro-Bitcoin analyst Thomas Lee believes that despite recent market volatility and the dip in value below $100,000, Bitcoin could double in value by 2025.
In an interview with CNBC, Thomas Lee, head of research at Fundstrat, reaffirmed his year-end price forecast of $250,000 for Bitcoin (BTC). He expressed confidence that Bitcoin will be one of the top-performing assets in 2025, regardless of short-term fluctuations.
The Bitcoin and cryptocurrency markets experienced significant volatility this month as the post-election period came to an end. Bitcoin saw a 15% drop from its all-time high of $108,000 and was trading at around $95,600 at the time of publication.
According to Bitcoin bull Thomas Lee, this pattern is a “normal correction,” and the recent decline is relatively moderate compared to previous cycles. On-chain data has shown corrections as high as 35% to 55% in the past.
While Lee and other Bitcoin advocates remain optimistic, some analysts are predicting a quick recovery for Bitcoin in February.
Experts suggest that Bitcoin may consolidate between $90,000 and $100,000 before its next upward movement. B2BINPAY CEO Arthur Azizov stated in an email to cryptopeas.com that Bitcoin could reach the $102,000 level again, potentially triggering a broader market rally next month.
Azizov shared Lee’s perspective on the significance of consolidation and corrections, stating that these phases are necessary for sustainable growth.
Azizov, the CEO of B2BINPAY, also cautioned against trying to time the market and recommended adopting a long-term holding strategy to prepare for unexpected downturns to lower levels. Lee similarly mentioned that BTC may retest $70,000 or even $50,000, citing Fibonacci analysis, which tracks possible retracement levels.
