Tom Lee Revises 2025 Bitcoin Forecast of $250K, Suggests New All-Time High by Year-End is a Possibility
Tom Lee Revises Bitcoin Price Target: Tom Lee, BitMine Chair and Fundstrat CIO, has shifted from his previous $250K year-end target for Bitcoin, now suggesting it will likely remain above $100K by year-end and may reach a new all-time high by the end of 2025.
Market Downtrend Influences Predictions: Following a significant market liquidation event that caused Bitcoin's price to drop over 19% in a month, Lee's outlook has changed, marking the first time he has not maintained his bullish $250K prediction.
Potential for Future Gains: Despite the current downtrend, Lee believes Bitcoin's strongest performance is yet to come, emphasizing that the asset typically experiences major gains in just a few trading sessions each year.
Technical Indicators Suggest Rally: Recent bullish signals on Bitcoin's daily chart, including a positive MACD crossover and rising Relative Strength Index, indicate potential for a year-end rally, with resistance levels around $94K and a possible target of $105K.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36118.443 | 48059.221 | 60388.463 | 72329.241 | 84658.483 | 96599.261 | 108928.503 |
| Fibonacci | 48059.221 | 57330.369 | 63058.094 | 72329.241 | 81600.389 | 87328.114 | 96599.261 |
About BTC
About the author
