🚀 Can Bitcoin Hit $250K in 2025 — Or Is It Just a Moonshot
CryptoPotato
Updated at: 2 days ago
{"content":"🚀 Can Bitcoin Hit $250K in 2025 — Or Is It Just a Moonshot Fantasy?
Bitcoin may reach $250,000 by 2025, according to Fundstrat's research chief Tom Lee. Lee said Bitcoin dropped from $111,970 to $104,000 in a CNBC Squawk Box interview today. He believes the market is stable at that level.
He also remarked that 95% of the world does not possess Bitcoin, even though virtually all exists. That mismatch between supply and customers may raise prices in the coming months, studies say.
Bitcoin would require 140% growth to reach $250,000 from $104,000. Lee thinks it may reach $150,000 by December and $200,000–$250,000 if demand rises.
Most individuals worldwide have not acquired Bitcoin, Lee said. Creating an imbalance, he said. Nearly fixed supply on one side. Millions of new purchasers may emerge in 10 years. If even a percentage of those individuals purchase Bitcoin, the price may rise, he said.
About 5% of coins remain to be mined. So fresh supply is slowing quickly. Additionally, new wallets, applications, and quick buying methods might generate revenue. Lee feels this disparity is why Bitcoin may keep rising.
With all coins created by 2140, Lee anticipates Bitcoin's final value to equal gold's $23 trillion market worth. If there are 20 million Bitcoins, each is worth $1.15 million.
He picked 20 million over 21 million because projected losses (lost keys, forgotten wallets) imply not all coins would be used. Lee said that Bitcoin may reach $2 million or $3 million per coin. That would make his typical “bull case” $2.5 million, a 2,300% increase from today.
VanEck's digital asset research chief Matthew Sigel has a long-term forecast. Sigel told investors VanEck expects Bitcoin to reach $3 million by 2050. That prognosis supports Lee's prediction that Bitcoin would eventually surpass gold. Both proposals anticipate sustained demand and increased usage by hedge funds and pension plans.
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