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Home»Bitcoin»Tom Lee predicts that Bitcoin will reach $250,000 by 2025 under Trump
Bitcoin

Tom Lee predicts that Bitcoin will reach $250,000 by 2025 under Trump

2024-12-13No Comments3 Mins Read
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  • Tom Lee predicts that Bitcoin could reach $250,000 by 2025 under the Trump administration.
  • Eric Trump predicts Bitcoin could reach $1 million, citing a “financial revolution.”

Tom Lee, a prominent financial strategist and Managing Partner at Fundstrat Global Advisors, has once again proven his bullish stance on Bitcoin [BTC] to be remarkably accurate.

Earlier this month, Lee predicted that the cryptocurrency would break the $100,000 mark by the end of the year, a prediction that was realized on December 11 when BTC stabilized at $101,487.

Also previously, Bitcoin had surpassed $100,000, briefly peaking at $103,000 before experiencing a rapid decline.

Tom Lee’s Bitcoin Prediction

Lee spoke on CNBC Closing Bell on Wednesday emphasized Bitcoin’s crucial role as an indicator of the Trump administration’s economic policies, adding that historical trends suggest the cryptocurrency could rise to $250,000 by 2025.

As the host highlighted the expected wave of changes under the Trump administration, Lee shared his perspective and underlined BTC as the most transparent indication of the coming change.

He suggested the cryptocurrency’s performance could serve as a key indicator of broader economic and policy impacts in the coming months, highlighting its growing role in reflecting market sentiment amid political transitions.

Lee further noted:

“Probably the best way to measure this is what Bitcoin does. Because bitcoin has faced enormous regulatory pressure in recent years and now we have a White House that embraces digital assets.”

Lee on the Trump administration

That said, Lee emphasized the value of past experiences in shaping economic policy during Trump’s second term, noting that the new administration’s Cabinet is expected to receive strong support from the private sector due to its pro-business attitude.

See also  Banking Giant JPMorgan Chase Holds $760,000 in Spot Bitcoin ETFs: New SEC Filing

According to Lee, this could boost investor confidence, leading to a shift from caution to a riskier approach in financial markets.

Lee added:

“A new SEC chairman, FTC chairman and the new Secretary of Commerce, I think these are actually seen as pro-business, reinvigorating the animal spirit. But I think a good proxy is keeping an eye on bitcoin.”

What’s next for Bitcoin?

When pressed by the Closing Bell host to set a definitive Bitcoin target for 2025, Lee replied confidently:

“We think it will follow a similar halving cycle that we have seen in the past, which would mean there will be around $250,000 per bitcoin in 2025.”

In addition to Tom Lee’s predictions, both Donald Trump and Eric Trump have made bold BTC predictions.

While the latter envisions Bitcoin reaching $150,000, Eric Trump goes further and predicts that its value could rise to $1 million, calling it a cornerstone of a “financial revolution.”

Meanwhile, BTC, currently trading at $100,322.89, has experienced a small dip of 0.34% over the past 24 hours, according to CoinMarketCap.

However, technical indicators such as RSI and CMF suggest that bullish momentum is likely to continue, fueling optimism among market watchers about Bitcoin’s trajectory.

Next: Charting Injective’s path from $25 to $35: Is an INJ rally in sight?

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