Fundstrat’s Tom Lee remains confident that Bitcoin could still finish 2025 with a massive rally — despite the turbulence that has rocked crypto markets since mid-October.
Fundstrat Global Advisors’ head of research spoke on CNBC said Even after one of the biggest liquidations in cryptocurrency history, he thinks Bitcoin could reach anywhere between $150 and $200 by the end the year.
“If I look at everything since October 10th — because that was the biggest liquidation in the history of crypto, bigger than FTX, a margin call tsunami — we’re only a couple weeks from that,” Lee said.
As context, President Trump made a statement on 10 October. announced In response to China’s aggressive restrictions on rare earth, the US has imposed sweeping tariffs of 100% and introduced new export controls. The remarks of Mr. Trump prompted a selloff in global markets as well as crypto assets.
Bitcoin dropped from $117,000 down to $108,000, before bouncing back to $113,000 amid high volatility. Bitcoin has been gaining in popularity and so too the crypto market. has bled to lows You can get $104,000 in advance settling Currently, the price is $107,000.
“I think the market is consolidating. But if I look at fundamentals, like Ethereum and stablecoin volumes exploding and application revenues at all-time highs, right now fundamentals are leading the price in crypto,” Lee said.
Lee suggested that the recent weakness could be just a brief pause in a rally. He said solid fundamentals were quietly setting up an end-of-year surge.
“Eventually we consolidate and then we rally into year end — $150,000 to $200,000 for Bitcoin, and something like $7,000 for Ethereum,” Adding to his remarks, he said:
There is a broad outlook of bullishness outside Bitcoin
Lee’s optimism doesn’t limit itself to Bitcoin.
In the same conversation, he said that U.S. equity markets remain solid despite concerns over China, the Federal Reserve or a possible shutdown of the government.
“The market’s been up six months in a row now. Only six times since 1928 that’s happened,” Lee noted. “So if you look at November, it should be really strong. I think at least 200 points on the S&P — maybe even 250.”
The negative sentiment of investors and the underperformance of fund managers were cited as indicators that further gains could be expected.
According to Lee, more than 80% of fund managers are lagging their benchmarks this year — creating potential for a “performance chase” The year is coming to an end.
“Investors feel like it’s a bear market, but we’re up 17%. That kind of tells me there’s a big performance chase into the year-end,” He said.
“Strong years end strong”
Lee did not hesitate when asked if the price of Bitcoin could rise above $150,000.
“Yeah, I think we can still get to $150,000–$200,000 for Bitcoin,” He said with confidence, adding that Ethereum might follow towards $7,000.
Lee sees a similar setup for the end of year as he does across risky assets. The market has been rising consistently. “wall of worry,” When consolidation has ended, be ready to see another breakthrough.
“Strong years end strong,” He reminded the viewers.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
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Source: bitcoinmagazine.com
