Bitcoin price to hit $250,000 by the end of 2025: Tom Lee By

-- Bitcoin could Huanma Forex official website app downloadsoar to $250,000 by the end of 2025, according to Tom Lee, Head of Research at Fundstrat Global Advisors.

Despite recent fluctuations, Lee maintains a bullish outlook on the cryptocurrency’s long-term prospects.

Speaking to CNBC, Lee acknowledged the possibility of a short-term correction but emphasized that such volatility is typical for bitcoin. 

Lee noted that is down 15% from its highs but said it is a volatile asset and it “is a normal correction."

Bitcoin is up moe than 2% Tuesday, trading around $96,555. However, it is down from its December high.

Lee highlighted key support levels, pointing to $70,000 as a critical threshold. Should bitcoin break below $70,000, he mentioned the $50,000 level could be tested.

Despite these short-term fluctuations, Lee remains confident in bitcoin's future, projecting it could hit between $200,000 and $250,000 by the end of 2025. 

The current price, in and around $90,000, is seen as a “good entry point” for long-term investors. 

“I don’t think anyone is going to lose money buying here at $90,000. If they’re trying to time this, maybe they get lucky, and it goes to $70,000,” Lee told CNBC.

He believes Bitcoin will be one of the standout assets for 2025, underscoring his optimism for the cryptocurrency’s long-term performance.

 

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