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Tom Lee, the Managing Partner at Fundstrat Global Advisors and a well-known Bitcoin advocate, has made a bold prediction: Bitcoin could hit $250,000 by 2025 under the Trump administration. Lee’s optimism comes as Bitcoin recently broke the $100,000 mark, stabilizing at $101,487 on December 11, 2024. He believes this surge is just the beginning, driven by changes in U.S. economic policies under Trump.
Speaking on CNBC’s Closing Bell, Lee highlighted Bitcoin’s pivotal role as an indicator of economic sentiment. He explained that Bitcoin has faced heavy regulatory hurdles in recent years, but with a government now embracing digital assets, the stage is set for significant growth. According to Lee, the Trump administration’s pro-business policies, coupled with a revamped leadership at agencies like the SEC and FTC, could reignite investor confidence and encourage a risk-on approach in financial markets.
Lee also noted that Bitcoin's price often follows predictable halving cycles, which could push it to $250,000 in 2025. He described Bitcoin as a transparent measure of the economic shifts expected under Trump, calling it a key proxy for market sentiment.
Interestingly, Eric Trump has made an even bolder forecast, suggesting Bitcoin could reach $1 million, describing it as part of a "financial revolution." For now, Bitcoin remains just above $100,000, with a slight 0.34% dip in the last 24 hours. However, technical indicators point to sustained bullish momentum, giving investors hope for a strong upward trajectory in the near future.#BTC #ETH #Binance #BNB