30.11.2024
Anastasiia Chabaniuk
Author, Financial Expert at Traders Union
30.11.2024

Tom Lee predicts Bitcoin price could reach $250,000, driven by U.S. adoption

Tom Lee predicts Bitcoin price could reach $250,000, driven by U.S. adoption Analyst's forecast

​Renowned financial analyst Tom Lee has shared his optimistic forecast for Bitcoin’s price in 2025. Highlighting a best-case scenario, Lee stated that Bitcoin could potentially reach $250,000 within the next 12 months, driven by the current price cycle and strategic developments in the U.S.

Lee emphasized that recognizing Bitcoin as a strategic reserve asset in the U.S. could significantly bolster its long-term prospects. “I believe the $250,000 range is not only realistic but also highly probable, given the current price cycle,” Lee said.

If the U.S. government were to acquire 1 million Bitcoins, it would position itself as the largest BTC holder globally. This move would further legitimize Bitcoin, underscore its value as a major financial asset, and solidify its role in the global economy.

Lee also highlighted MicroStrategy's pivotal role in promoting Bitcoin adoption. “This is akin to following MicroStrategy's lead. The company has shown that using Bitcoin as a balance sheet asset can generate tremendous value for shareholders,” he added.

Who is Tom Lee?

Tom Lee is a renowned financial analyst, co-founder, and managing partner of the research firm Fundstrat Global Advisors. He gained widespread recognition for his bold and often accurate cryptocurrency forecasts, particularly for Bitcoin.

Lee has 25 years of experience in finance and analytics, having previously served as the chief equity strategist at JPMorgan Chase. He believes that cryptocurrencies have the potential to revolutionize traditional financial systems.

Lee frequently appears in prominent media outlets such as CNBC and Bloomberg, where he shares his perspectives on the future of digital assets and the role of cryptocurrencies in the global economy.

According to other analysts, Bitcoin could attract $2 trillion in investment amidst the growth of the global money supply.

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