Bitcoin to Surpass $150,000 in 2025: Tom Lee

Bitcoin's Price Could Surpass $150,000 in 2025, Says Tom Lee

Bitcoin (BTC) is poised to exceed the $150,000 mark this year, according to veteran crypto market analyst Tom Lee. In a recent interview with CNBC's Squawk Box, Lee, a managing partner and head of research at Fundstrat Global Advisors, shared his bullish outlook on Bitcoin's price.

Lee previously predicted that Bitcoin would experience a pullback to the $70,000 zone or even as low as the $50,000 range before embarking on a full-blown bull run. At the time of his prediction, BTC was trading around $91,600 after dropping from $103K highs. Lee described this correction as "pretty normal" for a "hyper-volatile asset."

Now, Lee expects Bitcoin "to do better than $150,000" this year, citing its growing acceptance. He believes that as more institutions and investors adopt Bitcoin, its price will continue to rise. Lee views the recent market correction as a "cyclical downturn" in Bitcoin's price.

While Lee did not provide a specific 2025 price target during the interview, he has previously speculated that Bitcoin could reach $250,000. Other analysts, such as Matthew Sigel from VanEck and Bitfinex analysts, also have optimistic price predictions for Bitcoin in the coming years.