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.