A Shocking Bitcoin Forecast for 2025 From the Wall Street Analyst Who Predicted Its Rise to $100,000 in 2024

Tom Lee is the head of research at Fundstrat Global Advisors. He correctly anticipated the stock market rally that lifted the S&P 500 out of bear market territory last year. Specifically, when Wall Street's median price target implied a 6% upside for 2023, Lee said the S&P 500 would gain 24%.Lo and behold, the S&P 500 advanced by 24% last year as cooling inflation and the anticipation of interest rate cuts gave investors reasons to be bullish. More recently, Lee forecast that the S&P 500 would hit 6,000 in 2024, and predicted Bitcoin (CRYPTO: BTC) would top $100,000 this year. He was right on both counts.Now, Lee is back with a shocking forecast for 2025: Bitcoin could hit $250,000. That would amount to an approximately 150% gain from its current price of around $100,000.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool