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BitcoinSistemi 2025-01-14 06:43:07

Market Prophet Tom Lee Speaks: “Bitcoin Could Go Down To These Levels Before Continuing Its Rise”

Market Prophet Tom Lee Speaks: “Bitcoin Could Go Down To These Levels Before Continuing Its Rise”

Fundstrat Head of Research Tom Lee expressed optimism about Bitcoin’s potential to generate significant gains this year, and Bitcoin remains a focus for investors in 2025. Speaking in a recent interview, Lee said, “Bitcoin will be one of the best performing assets this year,” pointing to both long-term opportunities and short-term fluctuations in the market. Bitcoin recently experienced a correction, falling about 15% from its highs. While acknowledging the inherent volatility of the asset, Lee gave investors a breath of relief by stating that such price movements were normal, especially in the early stages of the current Bitcoin halving cycle. Highlighting key technical levels, Lee suggested that Bitcoin could find support around $70,000, or even as low as $50,000, before continuing its rise. “Bitcoin is something you have to focus on long-term,” Lee said. “Even if there are short-term dips, I don’t think anyone is going to lose money buying at $90,000.” Despite the recent decline, Lee remains bullish on Bitcoin’s outlook in 2025. He predicted the cryptocurrency could climb to $200,000 or even $250,000 this year, a significant increase from its current price levels. Related News: Is This What's Stopping Bitcoin From Soaring? Highest Data in History Lee also commented on broader market trends, attributing Bitcoin’s movements to global liquidity conditions and broader market sentiment. Underlining the importance of inflation data and Fed policies in shaping market direction, Lee argued that Bitcoin’s unique characteristics make it an attractive investment. “In this environment where traditional assets like bonds may not offer the same value, Bitcoin stands out as a long-term play,” Lee said. *This is not investment advice. Continue Reading: Market Prophet Tom Lee Speaks: “Bitcoin Could Go Down To These Levels Before Continuing Its Rise”

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