Tom Lee, co-founder and Head of Research at Fundstrat Global Advisors, has indicated that Bitcoin could potentially dip to $55,000 due to macroeconomic shocks, despite a bullish long-term forecast of $150,000 to $250,000 by 2025. Lee noted that such a decline would necessitate multiple negative events, while current market conditions show stability among major Bitcoin holders.
Analysts highlight that the $55,000 level is more of a hypothetical support than an immediate target, with Bitcoin's historical resilience suggesting a strong potential for recovery. The cryptocurrency's long-term outlook remains positive, supported by its past performance and market dynamics.
Tom Lee Foresees Potential Bitcoin Dip to $55,000 Amid Bullish 2025 Outlook
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
