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Bitcoin Primed To Be One of the Best-Performing Assets in 2025, Says Fundstrat’s Tom Lee – But There’s a Catch

Bitcoin Primed To Be One of the Best-Performing Assets in 2025, Says Fundstrat’s Tom Lee – But There’s a Catch

Daily HodlDaily Hodl2025/01/12 16:00
By:by Daily Hodl Staff

The co-founder and head of research at Fundstrat Global Advisors says Bitcoin ( BTC ) needs to crash out a bit harder before bouncing back in a big way.

In a new interview with CNBC, Tom Lee makes his case for why he thinks BTC will be a top-performing asset this year after it falls a bit further.

“Bitcoin is down roughly 15% from its highs, which for a hyper-volatile asset is a normal correction and follows global liquidity trends. We are early in the halving cycle.”

According to Lee, Fundstrat’s crypto technicians think the crypto king may drop another $20,000 in value before correcting.

“Our technician thinks $70,000 is where we make a stand. I think Bitcoin is one of the best-performing assets. When asked whether it will drop to $70,000 or if that’s the floor, the response was that $70,000 is one level of retracement, where Bitcoin might pull back from a rally.”

However, according to Lee, BTC could potentially drop even lower.

“It could go as low as the $50,000 [range], but that wouldn’t be a new level; it’s where it touches before beginning to rally again. For those considering buying Bitcoin at these prices, the suggestion is that Bitcoin is a long-term investment. If they’re trying to time the market, they might get lucky and it could reach $70,000.”

Bitcoin is worth $91,731 at time of writing, down 10% during the week.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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