Bitcoin (BTC) reached a new all-time high of 123,200 dollars in July. After a decrease towards the $ 112,000, doubts have arisen among some investors. Whether the absolute peak is already behind us, investors differ on that.

However, if it is up to Tom Lee, a well -known trader and founder of Fundstrat, we do not have to worry. According to him, the largest crypto coin still has plenty of growth potential. He thinks the course can still double this year.

Another 5 months to $ 250k

Lee is holding on to his Bitcoin race expectation for 2025 of no less than $ 250,000. He announced this in a new episode of the Coin Stories podcast. “I think Bitcoin can really continue to build on the current race this year. 200,000 dollars is realistic, and perhaps even $ 250,000,” said the optimistic analyst. If the prediction comes true, it could potentially amount to a large increase of no less than 119 percent.

At the end of last year, Lee indicated that Bitcoin could increase towards this astronomical amount within 12 months. Five months will remain in 2025 to reach the limit of $ 250,000. The prediction is therefore still feasible, but then the upward trend must be resumed quickly.

Whether we can expect a bear market after that peak is another important care. Interesting is Lee’s vision on this. According to him, the pattern in which the course moves with the four-year Halving cycle could be a thing of the past.

According to Lee, breaking this trend is partly due to the strongly increasing institutional adoption. More and more companies are buying large -scale Bitcoin. For example, Strategy now has 628,791 BTC, good for nearly $ 72 billion.

We also saw enormous enrollment in the Bitcoin Spot Exchange-Traded Funds (ETFs) in recent months. A large part of this capital influx comes from institutional investors, for whom spot funds offer an accessible way to obtain exposure to BTC. In total, all American Bitcoin ETFs now manage around $ 160 billion in bitcoins, while they have been on the stock exchange for a year and a half.

Tom Lee is also huge bullish on Ethereum

In addition to Bitcoin, Tom Lee is also very enthusiastic about Ethereum (ETH). He has since officially joined the Bitmine Board of Directors, a company that is currently the public company with the largest Ethereum reserve with more than 3 billion dollars in ETH.

For ETH, Lee uses a price target between $ 10,000 and $ 15,000. With a current price of approximately $ 3,640, that means a potential increase of no less than 312 percent.

Source: https://newsbit.nl/tom-lee-bitcoin-koers-gaat-dit-jaar-nog-naar-250-000/



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