Tom Lee: bitcoin could fall to $ 50,000

Analyst Tom Lee, co-founder of Fundstrat Global Advisors, has made predictions about the future price dynamics of bitcoin BTC $97,052.86 Bitcoin 2.27% Market capitalization $1.92 trillion VOL. 24 hours $2.68 billion . According to him, the value of the flagship cryptocurrency may temporarily fall to $ 50 thousand due to a market correction. At the same time, he maintains an optimistic long-term forecast, predicting that the value of bitcoin could reach $ 250 thousand.

Lee emphasized that such a temporary correction is a common phenomenon for the cryptocurrency market, which is characterized by high volatility. He also drew attention to macroeconomic factors, including a possible change in monetary policy in the United States. This, he said, could affect investor sentiment in the short term.

Nevertheless, Lee believes that the long-term dynamics of bitcoin remains positive. He noted that the cryptocurrency has the potential to become «digital gold» and retain its value in times of economic instability. «The crypto market remains promising for investors who are ready to think several years ahead,» he emphasized.

The analyst also emphasized that the growing adoption of cryptocurrencies by large corporations and financial institutions is a key driver for the market’s further development. In his opinion, this will ensure a steady increase in the value of bitcoin, even if fluctuations are possible in the short term.