Fundsstrat and Bitmine chairman Tom Lee said that while other crypto analysts cautiously retreated their targets, Bitcoin could hit $250,000 in 2025.
“I think Bitcoin should really build on these 120 by the end of the year; maybe 250,” Lee told Natalie Brunel in Tuesday’s Coin Story podcast.
Last November, Lee’s deadline for Bitcoin was 12 months (BTC) arrive Up to $250,000.
Not all analysts are as optimistic as Tom Lee
And analysts like Arthur Hayes, co-founder of Bitmex Unchained’s director of market research, Joe Burnett, recently similar to the price targets of the year, while others have adopted a more cautious outlook, with less than five months left until the end of 2025.
In May, Bernstein and Standard Chartered set their year-end bitcoin target at $200,000, while 10x study Markus Thielen is expected to be more modestly $160,000 recently.
Li said that Bitcoin’s four-year cycle may have ended due to growing institutional interest in Bitcoin, an increasingly shared belief among executives in the industry.
However, crypto analyst Rekt Capital recently said that if the Bitcoin cycle follows the 2020 model, the market could peak in October, or 550 days, if the Bitcoin cycle follows the 2020 model. After Bitcoin halved April 2024.
Matt Hougan, Chief Investment Officer, Bitwise Recently known as The four-year “death” is half and predicts that 2026 will be a “rise year” for Bitcoin.
Crypto market sentiment shifts to “neutral”
Lee’s optimistic goal is Bitcoin’s turbulent week.
After reaching a new all-time high of $123,100 on July 14, BTC fell to $112,044 on the weekend, trading around $113,000 at the time of publication, according to To Nansen.
There has also been a failure in crypto market sentiment recently. Crypto fear and greed indexA measure of overall market sentiment changed from Tuesday’s “greed” score to Wednesday’s “neutral” score of 54.
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Li said skepticism is positive in any financial market. “This shows that price discovery is still underway.
“It brings positive surprises to the market when there are many reasons for doubt and skepticism.”
Lee predicts that Bitcoin should reach $1 million “over time.”
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This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.
