Bitcoin has recently entered a key phase in its market cycle, according to Tom Lee, co-founder of Fundstrat. In a Nov. 29 interview with Wealthion, Lee suggested that Bitcoin could reach $250,000 within the next 12 months. He explained that the halving event, which reduces the supply of Bitcoin, combined with rising institutional interest, is setting the stage for a price surge. At the time of writing, Bitcoin is priced at $97,343.
Lee believes that Bitcoin's price will follow its historical pattern, with a significant increase in value following the halving cycle. He said current conditions make it "highly probable" that Bitcoin will hit $250,000 next year. One of the factors contributing to this is the shift in the political landscape in the United States, with an incoming government that has shown support for Bitcoin. Lee pointed out that if the U.S. begins to accumulate Bitcoin as part of its strategic reserve, it could lend further legitimacy to the cryptocurrency and boost its price.
This is just another dose of positive prediction that may (or may not) happen to Bitcoin in 2025 which is fast approaching.to be fair every and any prediction is only a prediction until it comes true even if some are arguably more logical and sensical than others they are still nothing but predictions
I am looking forward to a big bull run next year...maybe at the level we have never seen before that can push Bitcoin to the moon and beyond as well as help many alts to also explode. Personally, if Bitcoin can successfully get into the $150K zone I would already be so happy but if this $250K speculation will come true then i would surely be laughing to the bank. Of course, we should be maintaining a cautious attitude to this thing while positively wishing that this can really come true.there will definitely be a big explosion next year but people are probably looking at the past growth of bitcoin which is huge yes and they are expecting it to happen on today's bitcoin but it might not happen because bitcoin is not as little back then anymore so $250k is definitely optimistic but bitcoin can always surprise so only we can do now is wait
If this prediction should really happen then bitcoin will surely be a bigger asset to holders both investors and traders. If this prediction is likely to happen in the next coming year then Crypto world will be more stable and it will really gain a lot of popularity. Just be little pump that happen the crypto world gain more popularity and it has been supported by many government in small other countries and has been prove to be more profitable.(https://th.bing.com/th/id/OIP.hIKTFQwlW9bUpji5_b7eQAAAAA?rs=1&pid=ImgDetMain)QuoteBitcoin has recently entered a key phase in its market cycle, according to Tom Lee, co-founder of Fundstrat. In a Nov. 29 interview with Wealthion, Lee suggested that Bitcoin could reach $250,000 within the next 12 months. He explained that the halving event, which reduces the supply of Bitcoin, combined with rising institutional interest, is setting the stage for a price surge. At the time of writing, Bitcoin is priced at $97,343.
Lee believes that Bitcoin's price will follow its historical pattern, with a significant increase in value following the halving cycle. He said current conditions make it "highly probable" that Bitcoin will hit $250,000 next year. One of the factors contributing to this is the shift in the political landscape in the United States, with an incoming government that has shown support for Bitcoin. Lee pointed out that if the U.S. begins to accumulate Bitcoin as part of its strategic reserve, it could lend further legitimacy to the cryptocurrency and boost its price.
Get the details in this Yahoo article. (https://finance.yahoo.com/news/fundstrats-tom-lee-predicts-bitcoin-081418697.html)
This is just another dose of positive prediction that may (or may not) happen to Bitcoin in 2025 which is fast approaching. I am looking forward to a big bull run next year...maybe at the level we have never seen before that can push Bitcoin to the moon and beyond as well as help many alts to also explode. Personally, if Bitcoin can successfully get into the $150K zone I would already be so happy but if this $250K speculation will come true then i would surely be laughing to the bank. Of course, we should be maintaining a cautious attitude to this thing while positively wishing that this can really come true.
I hope no newbies fall for this wild prediction but something in me says I hope they do ;D I mean it will be great to see that but on 2025? It will be more realistic if we're talking about the next halving. It looks to me that he's just throwing numbers there but many of us would be extremely happy if he will be correct on this one though.
Re: Another Prediction: BTC $250K in 2025 from Fundstrat's Tom LeeWell, I looked at the chart of Bitcoin on the monthly time frame, and I saw this one.
Who would believe the man who once said that BTC will be banned in the US just because they banned some types of cigarettes or something similar? It's hard to find someone who has made more false speculations over the years than this man. I have personally never seen or heard of a man more lost and confused than him when it comes to cryptocurrencies.
I don't know if it would reach that price within the time frame given, but I know that there's still a lot of positive interest in BTC, and this would help with upward momentum for it's price. I think we'd remain bullish for a while.I fully agree, let us forget about this prediction, we can all think and see for ourselves, the signs are that we will be bullish for sometime and next year BTC price can reach unexpected heights. However, like i always recommend, it is better to keep expectation realistic and make your plans that way.
I hope no newbies fall for this wild prediction but something in me says I hope they do ;D I mean it will be great to see that but on 2025? It will be more realistic if we're talking about the next halving. It looks to me that he's just throwing numbers there but many of us would be extremely happy if he will be correct on this one though.
On Sept. 11, the White House banned certain flavored e-cigarettes, thus delivering a shocking blow to the multi-billion dollar industry. Now, Fundstrat’s Tom Lee presumes that Bitcoin could be the next thing on the Trump administration’s crackdown list. 12 September 2019 16:50
Well, I looked at the chart of Bitcoin on the monthly time frame, and I saw this one.Yeah, I also think that the rate of BTC price increase will gradually slow down over time, until a market state change occurs. I'm not sure if widespread BTC adoption has been able to change the market state yet, and I'm not confident about the existence of a supercycle right now.
At the start of December 2020 from the peak of March 2021, Bitcoin went up a whopping 264.41%. Now I looked at it on the current price of Bitcoin and if you plot it and expect that Bitcoin's price will increase the same amount of percentage this bull run, the price will be somewhere between $245,000-$250,000 which is the prediction of Tom Lee.
Will this happen? Of course, we don't know, but realistically speaking, I don't think that Bitcoin will go up the same percentage as it was in 2020-2021 bull run. I don't see it happening, but it's good to see a prediction coming from a famous person like him even though the chances of it to happen is 50-50. :D
This is understandable because of Bitcoin's historical pattern, but its not conclusive; there are seen and unseen factors like pandemics or war. If the adoption is at a steady phase with no negative interruption, then Bitcoin will head to $250k this 2025.
Honestly, at the start of the year, I had doubts that Bitcoin would reach $100k, although I'm hopeful but doubts liner in my mind, but it eventually did and I'm very happy with the outcome.
This is just another dose of positive prediction that may (or may not) happen to Bitcoin in 2025 which is fast approaching. I am looking forward to a big bull run next year...maybe at the level we have never seen before that can push Bitcoin to the moon and beyond as well as help many alts to also explode. Personally, if Bitcoin can successfully get into the $150K zone I would already be so happy but if this $250K speculation will come true then i would surely be laughing to the bank. Of course, we should be maintaining a cautious attitude to this thing while positively wishing that this can really come true.Lee is right political support can take BTC to $250k easily, if we add all the promises that Trump made if they come true the price will obviously pump and if we add the BTC strategic reserves especailly in big countries like the USA the price will alone be pumped by this move to $250k.
If we believe Tom Lee and when bitcoin price will reach $250k, then I think that it will be very lucky moment for all crypto users in cryptocurrency world. But if bitcoin price will reach $150k, then it will be sufficient for me. I also believe that middle of the year bitcoin price will reach $120-$150k in cryptocurrency market. I am also agree with you, because we also believe that 2025 will be crypto year for all crypto users. Because we believe that in this time bitcoin passing a bull run.(https://th.bing.com/th/id/OIP.hIKTFQwlW9bUpji5_b7eQAAAAA?rs=1&pid=ImgDetMain)QuoteBitcoin has recently entered a key phase in its market cycle, according to Tom Lee, co-founder of Fundstrat. In a Nov. 29 interview with Wealthion, Lee suggested that Bitcoin could reach $250,000 within the next 12 months. He explained that the halving event, which reduces the supply of Bitcoin, combined with rising institutional interest, is setting the stage for a price surge. At the time of writing, Bitcoin is priced at $97,343.
Lee believes that Bitcoin's price will follow its historical pattern, with a significant increase in value following the halving cycle. He said current conditions make it "highly probable" that Bitcoin will hit $250,000 next year. One of the factors contributing to this is the shift in the political landscape in the United States, with an incoming government that has shown support for Bitcoin. Lee pointed out that if the U.S. begins to accumulate Bitcoin as part of its strategic reserve, it could lend further legitimacy to the cryptocurrency and boost its price.
Get the details in this Yahoo article. (https://finance.yahoo.com/news/fundstrats-tom-lee-predicts-bitcoin-081418697.html)
This is just another dose of positive prediction that may (or may not) happen to Bitcoin in 2025 which is fast approaching. I am looking forward to a big bull run next year...maybe at the level we have never seen before that can push Bitcoin to the moon and beyond as well as help many alts to also explode. Personally, if Bitcoin can successfully get into the $150K zone I would already be so happy but if this $250K speculation will come true then i would surely be laughing to the bank. Of course, we should be maintaining a cautious attitude to this thing while positively wishing that this can really come true.
But if bitcoin price will reach $150k, then it will be sufficient for me. I also believe that middle of the year bitcoin price will reach $120-$150k in cryptocurrency market. I am also agree with you, because we also believe that 2025 will be crypto year for all crypto users. Because we believe that in this time bitcoin passing a bull run.I agree, if Bitcoin reaches $150,000 that would be enough for me too, personally I don’t think we will see $250K this year.
Not every bitcoin or crypto analyst were always correct at all times when they make their forecast, it may went entirely wrong in some cases, that is why it is expected of us not to always believe in what we see online or what others are saying, it is far fetched that we see the market cross above $150,000 not to even talk of getting to $250,000 which is almost impossible for these season, as a matter of fact, we can be out of the bullrun season anytime from now, not as some thought it may continue till the end of the year.
Not every bitcoin or crypto analyst were always correct at all times when they make their forecast, it may went entirely wrong in some cases, that is why it is expected of us not to always believe in what we see online or what others are saying, it is far fetched that we see the market cross above $150,000 not to even talk of getting to $250,000 which is almost impossible for these season, as a matter of fact, we can be out of the bullrun season anytime from now, not as some thought it may continue till the end of the year.
If the bullrun is over crypto is in serious trouble 👿.
while it could be true here is hoping that you are totally wrong.
sometimes I look at my stack and want to quit just sell it all. But I am haning in there and hoping for bigger numbers to come this year.
I think this prediction will not correct. It is not related with reality i think. But it also true that everything is possible in cryptocurrency. But i think not $250k it will be possible near about $150k within 2025. Bitcoin's price now $107k and gradually it increasing i think within this year bitcoin price we will see near about $150k.
I think this prediction will not correct. It is not related with reality i think. But it also true that everything is possible in cryptocurrency. But i think not $250k it will be possible near about $150k within 2025. Bitcoin's price now $107k and gradually it increasing i think within this year bitcoin price we will see near about $150k.His prediction will have the same chances as yours, mine and any other user here in the forum.
-snip-I mean, would you take a prediction from someone who said Bitcoin would be banned back in 2019 seriously? Most of these people make contradictory statements if you look at the whole picture. They don't take their words seriously so you shouldn't either. Their target is newbies or retail investors who are new to the market and susceptible to fomo so they can pump their bags.
I hope no newbies fall for this wild prediction but something in me says I hope they do ;D I mean it will be great to see that but on 2025? It will be more realistic if we're talking about the next halving. It looks to me that he's just throwing numbers there but many of us would be extremely happy if he will be correct on this one though.
Wild prediction why?
20 mill x 100 k is 2 trillion
20 mill x 250 k is 5 trillion
the gain is possible to do in 2025.
So I don't think the prediction is wild.
we entered 2021 at 28k and got as high as 68k almost a 1 trillion gain in 2021.
tack on inflation to match it we need a gain of 1.2 trillion so we would be 2+1.2 = 3.2 billion divide by 20 mill and that is 160k a coin.
but that is matching market cap gain.
I think we do 160-300k in 2025
I think this prediction will not correct. It is not related with reality i think. But it also true that everything is possible in cryptocurrencyYeah, that is the thing with cryptocurrency, we may think that a certain price is unachievable, but it then turns out to be. I know that people just like to predict without any valid reason, they just pick numbers and put it out there, but sometimes it may turn out to be correct. Which bitcoiner wouldn't want BTC to go this high, but if it will happen is another thing.
well some people do put out unrealistic numbers out there because they do not do any kinds of market analysis just pure speculation and vibes or rather their prediction is what they hope will happen in real lifeI think this prediction will not correct. It is not related with reality i think. But it also true that everything is possible in cryptocurrencyYeah, that is the thing with cryptocurrency, we may think that a certain price is unachievable, but it then turns out to be. I know that people just like to predict without any valid reason, they just pick numbers and put it out there, but sometimes it may turn out to be correct.
Which bitcoiner wouldn't want BTC to go this high, but if it will happen is another thing.why not? almost everyone i know do want bitcoin to go to the moon as they say many profit taking opportunities when this does happen
Tom Lee, he seems to be out of the limelight for quite some time?
I still remember him during the previous bull runs wherein he also put up big predictions and I can't remember if it is a hit or missed though. But in any case, I doubt that he will simply go away and shy away from his predictions, after all we all know that as a Fundstrat he is a well known bull, not just in crypto, but in S&P and stocks as well. So no surprise that he will come up with this kind of predictions on crypto market.
Who would believe the man who once said that BTC will be banned in the US just because they banned some types of cigarettes or something similar? It's hard to find someone who has made more false speculations over the years than this man. I have personally never seen or heard of a man more lost and confused than him when it comes to cryptocurrencies.
I think that Bitcoin may be traded between $125k to $155k price level this year in my opinionit is possible