Summary: Tom Lee of Fundstrat is forecasting Bitcoin could go on to $150,000 or higher by 2025 based on institutional demand and momentum in the market. While Bitcoin just dropped, Lee is optimistic, mentioning previous recoveries.
On March of this running year, Tom Lee shared his bold Bitcoin prediction on CNBC’s Squawk Box, saying the price could climb above $150,000 this year. His reasoning? More institutional investors, like Citadel, are trading Bitcoin, which he believes will fuel its growth.
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Bitcoin hasn’t had the best month, falling 24% from $102,000 to $78,000. But Lee isn’t worried. He noted that Bitcoin’s biggest gains often happen in just a handful of days, and short-term dips are part of the cycle.
Global events also play a role. President Trump’s decision to move forward with a U.S. strategic crypto reserve recently helped Bitcoin rebound above $90,000. However, trade tariffs and a shift toward gold are creating some uncertainty.
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Other experts are just as bullish. Bitwise and Standard Chartered predict Bitcoin could hit $200,000 by year-end. Still, Lee cautioned against trying to time the market, saying predicting exact rallies is nearly impossible.
Right now, Bitcoin sits at $84,701, down 6% in 24 hours, with a trading volume of $72 billion.
