Subscribe to our Telegram channel
Fundstrat analysts predict bitcoin’s growth to $ 250,000
Fundstrat analyst Tom Lee remains optimistic about the price of bitcoin BTC $114,492.48 Bitcoin 0.92% Market capitalization $2.28 trillion VOL. 24 hours $1.14 billion despite the recent market correction. He believes that the target of $ 250,000 per coin is still realistic in the medium term, although it requires an improvement in the macroeconomic situation.
In his comments, Tom Lee emphasized that the decline in the price of bitcoin below $ 60,000 does not cancel the long-term growth trend. In his opinion, the cryptocurrency market is in a correction phase due to a general weakening of risk appetite, but further growth is possible due to institutional investment and the development of ETFs.
The analyst emphasized that the current weakness of the market is due to seasonal factors and the aggravation of the geopolitical situation, rather than fundamental problems of the bitcoin network itself. He also added that the main drivers of the upcoming rally could be an increase in demand for digital assets and positive changes in regulation.
Tom Lee believes that, despite the volatility, bitcoin remains a key asset for long-term investors, and corrections can be used to accumulate positions. According to his forecast, the price may reach $ 250,000 if interest in risky assets is renewed and global markets stabilize.
In conclusion, he noted that cryptocurrencies are becoming increasingly important for portfolio diversification, and bitcoin remains the «industry leader» due to its decentralization, liquidity, and acceptance among large investors.