Bitcoin Could Reach $250,000 by Year-End, Predicts Tom Lee

Tom Lee, co-founder of Fundstrat, predicted in a CoinStory interview on the 6th that Bitcoin could reach $250,000 by the end of 2025. Despite experiencing a volatile first half of the year, Bitcoin could break through $120,000 by year-end and potentially reach between $200,000 to $250,000. Lee attributes the rise in Bitcoin prices primarily to growing interest from institutional investors. He suggests that moving away from the traditional four-year 'halving cycle' could have a more significant impact on price fluctuations due to broader adoption.