Bitcoin Could Explode to $250,000 in 2025... and a Million is Coming

Tom Lee, the managing partner at Fundstrat and chairman of BitMine, predicts that Bitcoin will continue to rise to $250,000 by 2025, with the potential to reach a million dollars in the long term, supported by increasing institutional interest and the possibility of the traditional four-year cycle ending.

Lee explained in an interview with the Coin Stories podcast that the currency could build on its recent gains above $120,000 before the end of the year, forecasting a jump towards $200,000 and then $250,000.

This comes as the price of Bitcoin has fallen from a historic peak of $123,100 in mid-July to about $113,000 currently, with the “fear and greed” index dropping from a state of “greed” to “neutral,” while Lee believes that the current uncertainties give the market a chance for positive surprises.

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