Tom Lee: Bitcoin could reach $150,000 this year
Veteran investor Tom Lee (Chief Investment Officer of Fundstrat) believes that Bitcoin could increase at least 41% from its current value, reaching $150,000 before the end of 2025.
In an interview with CNBC, he stated that the price of Bitcoin is responding positively to the increasing global liquidity wave and expectations that the U.S. Federal Reserve (Fed) will lower interest rates next year, providing further momentum for the market.
Limited supply, potential demand remains very large
According to statistics from Bitwise cited by Lee, currently 95% of the Bitcoin supply has been mined, but 95% of the world's population still does not own BTC.
This indicates a severe imbalance between supply and demand, creating significant room for price increases in the long term.
Tom Lee commented:
“I believe this year Bitcoin could reach $150,000, even $200,000 or $250,000, if the cash flow continues to pour strongly into digital assets.”
The price of Bitcoin could exceed $1 million in the long term
Not only optimistic in the short term, Tom Lee also believes that Bitcoin could completely reach a price range of $1.2 to $3 million in the future.
He explains:
“The network value of Bitcoin should be at least on par with gold, with the current total value of gold around $23 trillion. At that point, each Bitcoin could be worth $1.2 million, and I believe it is worth more than gold, so a level of $2 to $3 million is entirely feasible.”
Currently, Bitcoin is trading around $105,900.
