Legendary Wall Street analyst sets jaw-dropping Bitcoin price target for 2025
Cryptocurrency investors are filled with optimism leading into 2025 as the world’s premier digital asset – Bitcoin (BTC) – and many other major and minor coins and tokens have recorded massive gains in the last 12 months.
The latest voice to join the extraordinarily bullish chorus for BTC is Fundstrat’s legendary analyst, Tom Lee.
Specifically, Lee estimated that Bitcoin is likely to follow its historical price action patterns and climb to $250,000 before 2025 is over. The analyst cited the impact of the April halving and the more crypto-friendly administration entering the White House in January as some of the major drivers for such a surge.
Additionally, this isn’t the first time Tom Lee has been optimistic about Bitcoin. He has been a BTC bull for a long time and predicted at the very start of December that BTC would cross above $100,000 before New Year.
Is a Bitcoin rally to $250,000 in 2025 guaranteed?
Considering that Lee’s December prediction came true last week with a brief but strong surge toward $104,000 – and holds true at press time as Bitcoin price today stands just above $101,000 – it isn’t surprising many prominent experts, investors, and influencers have called for the $250,000 price target.
Indeed, several analysts from the community have been estimating BTC would climb to $250,000 next year since August, and Cycles Theory had identified 2025 as the ‘red year’ – the year in which Bitcoin would aim for a new and significantly higher all-time high (ATH) with the ultimate target being, again, $250,000.
More recently, despite acknowledging some anxiety the world’s premier cryptocurrency might go into a steep correction from $100,000, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki reiterated $250,000 as his 2025 price target for the coin.
For its part, Bitcoin has been on a remarkable – though not always smooth – journey in 2024. Already in March, it hit a decisive new ATH near $73,000, while – after a particularly eventful November – now, it is seeking ever-higher highs above $100,000.
In the last 30 days, the cryptocurrency is up 14.40% and year-to-date (YTD), it is 139.74% in the green. Perhaps the most impressive part of the rally, however, started early in November, and between the first day of that month and press time, BTC surged 45.3%.
Tom Lee extends bullish 2025 forecast to U.S. stocks
Finally, Fundstrat’s Tom Lee is not only bullish about the cryptocurrency market. Indeed, the expert who famously predicted the end to the COVID-19 downturn and correctly identified the pre-election volatility in 2024 as a ‘buy-the-dip’ opportunity believes the first half of 2025 will also be very strong for U.S. stocks.
To be precise, the analyst forecasted that the benchmark S&P 500 index will climb to 7,000 next year, though also cautioned there will be a significant correction in its second half to 6,600 points, for a total gain of approximately 9.4%.
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2024-12-12 10:06:31