Re: Another Prediction: BTC $250K in 2025 from Fundstrat's Tom Lee
Well, I looked at the chart of Bitcoin on the monthly time frame, and I saw this one.
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.
