In 2025, digital gold will be one of the most attractive investment assets, says Fundstrat co-founder Tom Lee.
The analyst noted that the current 15% correction is the norm for a volatile asset like Bitcoin. This situation is characteristic of the early stage of the halving cycle – historically, a decrease in the reward for miners was followed each time by a noticeable drawdown.
According to Fundstrat specialists, the price of the first cryptocurrency may drop to the levels of $70,000 and $50,000, but this will become the “bottom” before the rally.
He repeated his previous forecast regarding the potential of the first cryptocurrency to reach $250,000 during 2025 and added that digital gold will become one of the best assets in terms of market performance.
At the time of writing, Bitcoin is trading at $95,500 with a capitalization of $1.89 trillion.
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Source: Cryptocurrency
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