CoinVoice has learned that Tom Lee, former Chief Equity Strategist at JPMorgan and Chief Investment Officer at Fundstrat Capital, stated that he agrees change is indeed coming when discussing the anticipated wave of regulatory reforms following Trump's administration, emphasizing that Bitcoin is the most obvious indicator of future change.
He stated: 'Perhaps the best way to measure this is through Bitcoin's performance, as Bitcoin has faced significant regulatory burdens over the past few years, and now the White House is embracing digital assets. The new chair of the SEC, the chair of the FTC, and the new Secretary of Commerce, I believe these are actually seen as favorable to businesses. But I think a good alternative approach is to focus on Bitcoin.'
Lee also mentioned the 'reasonable target for BTC in 2025': 'We believe it will follow a similar halving cycle that we have seen in the past, which means BTC price will be around $250,000 in 2025.' [Original link]
