Throughout a current look on CNBC, permabull Tom Lee predicted that the value of Bitcoin may surge to $250,000 in 2024.
Lee believes that buyers ought to contemplate a a lot larger Bitcoin allocation in 2025 because of the truth that the regulatory panorama is turning into considerably friendlier.
On the similar time, Lee has predicted that Ethereum (ETH), the second-largest cryptocurrency by market cap, may surge all the best way to $6,000.
The analyst seems to be satisfied that an all-out altseason may occur in 2025, with Solana and another various cryptocurrencies probably doing “extraordinarily nicely.”
As reported by U.At this time, Lee repeatedly predicted that the value of Bitcoin would hit $150,000 in 2024.
Thus far, the main cryptocurrency has peaked at $108,135, and it appears extremely unlikely that Lee’s goal shall be reached this 12 months contemplating that Bitcoin bulls have lower than one week left.
The main cryptocurrency is at the moment buying and selling at $98,148 after approaching $100,000 on Christmas Eve.