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Tom Lee, who predicted the previous bull, gave a date for the bottom in Bitcoin! Revealed the price prediction for 2025!
Bitcoin (BTC) and altcoins experienced significant gains following the announcement of US President Donald Trump's XRP, Solana, and Cardano.
This rise increases the expectation that BTC and altcoins could rise further, while Tom Lee, co-founder of Fundstrat Global Advisors, known for his bold predictions for Bitcoin, has revealed his Bitcoin price expectation.
Speaking to CNBC, Tom Lee said he expects Bitcoin to surpass $150,000 this year.
Lee, who stated that Bitcoin could reach bottom levels with the stock market this week, said the following:
Tom Lee recently said that Bitcoin's gains usually occur within a few days, so investors trying to time the market are at risk of missing the next rally.
Tom Lee has previously shared his expectations for the markets in 2025 and stated that he expects Bitcoin to reach around $250,000 by the end of 2025.
Lee also expressed his expectation for Ethereum (ETH) to reach 5,000 to 6,000 dollars with a strong performance.