BitMine CEO revises Bitcoin forecast amid volatility
BitMine CEO and Fundstrat co-founder Tom Lee has clarified his forecast for the bitcoin price in an interview with CNBC. He emphasized that the asset could gain a foothold at over $100,000 by the end of 2025, although in a new speech he became more cautious in his statements, noting that the cryptocurrency market is showing signs of skepticism. Earlier, Li expressed optimism about the future of the asset's price, pointing to a potential liquidity inflow as a result of the easing of US monetary policy.
Source Incrypted
Tom Lee believes that the stock market has been able to recover quickly from the latest falls, but remains skeptical about the prospects for cryptocurrencies. According to him, the cryptocurrency market has lost its leading role due to the growth of artificial intelligence technologies. Li emphasized that various factors affect the volatility of cryptocurrencies, which makes it even more difficult to predict trends. Expressing doubts about the description of new price levels, he acknowledged that analysts' positions can change quickly under the pressure of market conditions.
