Financial Analyst Says Bitcoin Could Soar To $250,000
Posted On December 1, 2024
Tom Lee, a well-known financial analyst, has predicted that Bitcoin‘s (CRYPTO: BTC) price could soar to $250,000 within the next year, driven by potential legitimization in the U.S. and increased adoption.
What Happened: Fundstat’s Lee expressed his optimistic Bitcoin price prediction during a discussion with Anthony Scaramucci. Lee says Bitcoin could potentially hit a high of $250,000 by the end of 2025.
During the interaction, Lee underscored his belief if the U.S. government were to legitimize Bitcoin as a strategic reserve asset, it would substantially boost the cryptocurrency’s long-term price prospects.
“Over the next 12 months, I believe something in the range of $250,000 …
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