$200,000 Bitcoin by Year-End? Fundstrat’s Tom Lee Doubles Down on Bullish Call
- Fundstrat’s Tom Lee reaffirmed his $150,000 to $200,000 year-end price target for Bitcoin.
- The call comes despite current bearish price action, including a 5% weekly drop and $800M in recent ETF outflows.
- Lee cites Fed rate cuts, Q4 seasonality, and post-liquidation market stability as key drivers for his thesis.
Tom Lee of Fundstrat Global Advisors continues to back a strong year-end rally for Bitcoin, predicting it could still reach $150,000 to $200,000 by the end of 2025.
Lee’s Three-Pillar Bull Thesis
His bullish outlook is based on three key points, with the first one being help from the Fed. Lee believes that if the Federal Reserve starts cutting interest rates, it will be good for risky investments like Bitcoin.
Then, he notes that crypto markets have often performed well in the last quarter of the year, especially when the overall economy is also doin…
Read The Full Article $200,000 Bitcoin by Year-End? Fundstrat’s Tom Lee Doubles Down on Bullish Call On Coin Edition.
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$200,000 Bitcoin by Year-End? Fundstrat’s Tom Lee Doubles Down on Bullish Call
- Fundstrat’s Tom Lee reaffirmed his $150,000 to $200,000 year-end price target for Bitcoin.
- The call comes despite current bearish price action, including a 5% weekly drop and $800M in recent ETF outflows.
- Lee cites Fed rate cuts, Q4 seasonality, and post-liquidation market stability as key drivers for his thesis.
Tom Lee of Fundstrat Global Advisors continues to back a strong year-end rally for Bitcoin, predicting it could still reach $150,000 to $200,000 by the end of 2025.
Lee’s Three-Pillar Bull Thesis
His bullish outlook is based on three key points, with the first one being help from the Fed. Lee believes that if the Federal Reserve starts cutting interest rates, it will be good for risky investments like Bitcoin.
Then, he notes that crypto markets have often performed well in the last quarter of the year, especially when the overall economy is also doin…
Read The Full Article $200,000 Bitcoin by Year-End? Fundstrat’s Tom Lee Doubles Down on Bullish Call On Coin Edition.
Read More
Peter Schiff Shrugs At Gold’s Drop But Warns Bitcoin Can’t Handle The Same