{"id":7489,"date":"2025-01-14T04:31:54","date_gmt":"2025-01-14T04:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7489"},"modified":"2025-01-14T04:31:54","modified_gmt":"2025-01-14T04:31:54","slug":"tom-lee-forecasts-bitcoin-could-dip-to-50k-but-maintains-long-term-target-of-250k-amid-market-volatility","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7489","title":{"rendered":"Tom Lee Forecasts Bitcoin Could Dip To $50K, But Maintains Long-Term Target Of $250K Amid Market Volatility"},"content":{"rendered":"<div>\n<p>Wall Street strategist <strong>Tom Lee <\/strong>suggests <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) could retreat significantly from recent highs, potentially testing support levels at $70,000 or even the $50,000 range, while maintaining a long-term bullish stance targeting $250,000.<\/p>\n<p><strong>What Happened<\/strong>: Speaking <a href=\"https:\/\/www.youtube.com\/watch?v=Dp-fYnv9aTA\">on<\/a> CNBC\u2019s \u2018Squawk Box\u2019, Lee, who serves as <strong>Fundstrat Capital<\/strong>\u2018s Chief Investment Officer, characterized the cryptocurrency\u2019s recent 15% decline from all-time highs as a \u201cnormal correction\u201d for a volatile asset. Bitcoin currently trades near $95,000, down about 6.6% over the past month.<\/p>\n<p>The forecast comes amid broader market uncertainty, with U.S. stocks experiencing a 23-day correction period and persistent inflation concerns. Lee emphasized that Bitcoin\u2019s movements largely track global liquidity conditions, noting the market is still early in its halving cycle.<\/p>\n<p>Crypto skeptic <strong>Peter Schiff <\/strong>offered a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42965795\/tom-lee-forecasts-bitcoin-could-dip-to-50k-but-maintains-long-term-target-of-250k-amid-mar\" alt=\"Tom\" lee forecasts bitcoin could dip to but maintains long-term target of amid market volatility>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street strategist Tom Lee suggests Bitcoin (CRYPTO: BTC) could retreat significantly from recent highs, potentially testing support levels at $70,000 or even the $50,000 range, while maintaining a long-term bullish stance targeting $250,000. What Happened: Speaking on CNBC\u2019s \u2018Squawk Box\u2019, Lee, who serves as Fundstrat Capital\u2018s Chief Investment Officer, characterized the cryptocurrency\u2019s recent 15% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7489","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7489"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7489\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}