Could Bitcoin Reach $3 Million? Prominent Analyst Tom Lee Predicts

Tom Lee of Fundstrat Global Advisors has released an optimistic price forecast for Bitcoin (BTC). In an interview with CNBC, he stated that reaching $250,000 by the end of 2025 is realistic, and he anticipates a potential rise to as much as $3 million in the long term.

Lee highlighted the imbalance between limited supply and expanding demand, noting that '95% of Bitcoin has already been mined, yet 95% of the world does not own Bitcoin.' He analyzed that the basic target for 2025 is $150,000, but depending on market conditions, reaching between $200,000 and $250,000 is also feasible.

About $23 trillion...