Tom Lee, head of research at Fundstrat Global Advisors, projects Bitcoin could hit $250,000 by late 2025, entering the “sweet spot” of its price cycle. Speaking on Nov. 29, Lee said Bitcoin’s ongoing bull market, driven by supply cuts from block halvings, could push the price past $100,000 soon and to $250,000 within 12 months.
Lee also noted that a U.S. government under Donald Trump adopting Bitcoin for strategic reserves could further legitimize it, drawing parallels to MicroStrategy’s Bitcoin balance sheet strategy.
Analysts like Dave the Wave agree, suggesting a $150,000 price surge is achievable if Bitcoin replicates its 186% rally from late 2023 to early 2024.
Source: Cointelegraph
