Tom Lee Predicts Bitcoin Could Reach $250,000 by End of 2025
Tom Lee, head of research at Fundstrat, predicts Bitcoin could reach $250,000 by the end of 2025. In a CNBC interview, he noted Bitcoin's recent price drop from its peak of $111,970 to approximately $104,000, but remains optimistic about market stability.
Short-Term Outlook
- 95% of total Bitcoin supply (19.80 million coins) has been mined, leaving around 1.13 million available.
- A significant portion of the global population (95%) does not own Bitcoin, indicating potential demand growth.
- To reach $250,000 from $104,000, Bitcoin needs to increase by about 140%; Lee anticipates a target of $150,000 by December.
Supply and Demand Gap
- Most of the world's population has not purchased Bitcoin, creating supply-demand imbalance.
- Only 5% of Bitcoin remains to be mined, slowing new supply.
- Increased accessibility through wallets and apps may attract new buyers, contributing to price increases.
Long-Term Valuation Targets
- Lee estimates Bitcoin’s terminal value could match gold's market cap of $23 trillion, equating to $1.15 million per Bitcoin if 20 million are in circulation.
- He projects potential prices of $2 million to $3 million per Bitcoin, with an average bullish estimate of $2.5 million, representing a 2,300% increase from current levels.
Other Analyst Projections
- Matthew Sigel from VanEck predicts Bitcoin could reach $3 million by 2050, aligning with Lee's forecasts regarding demand and institutional adoption.
