Key Notes

• Lee views current 15% correction from $108K ATH as normal market behavior for a volatile asset like Bitcoin.
• Technical analysis suggests possible drops to $70K-$50K ranges based on Fibonacci retracement levels.
• Despite short-term bearish outlook, Lee maintains $90K is still a good entry point for long-term Bitcoin investors.

American entrepreneur Tom Lee, also the managing partner at research firm Fundstrat, has predicted that market-leading digital asset Bitcoin BTC $91 841 24h volatility: 3.1% Market cap: $1.82 T Vol. 24h: $68.24 B will hit a price tag of $250,000 by the end of 2025, hitting new all-time highs. Lee’s bullish take on BTC remains unfazed by the recent Bitcoin crash, which saw the cryptocurrency drop below $90,000 for the first time in 2025.

Lee engaged in a conversation with CNBC host Andrew Ross Sorkin where he made his bullish prediction for Bitcoin, doubling down on a similar prediction he made during CNBC’s Closing Bell last year in mid-December. The entrepreneur highlighted during the interview that Bitcoin is down roughly 15% from its all-time high of $108K, “which, for a hyper-volatile asset, is a pretty normal correction.”

Bitcoin to $70K?

However, Lee is bearish on Bitcoin in the short term, adding that technicians working for his firm predicted that BTC could witness a drop to $70,000. The cryptocurrency is following global liquidity, said Lee while emphasizing that as per his beliefs, “we’re pretty early in this having cycle.” While the entrepreneur could be bearish in the short term, Lee predicted that Bitcoin will be one of the best-performing assets in 2025.

When Sorkin asked if Lee really believes BTC will drop to $70,000, he explained how that is possible via the concept of Fibonacci retracement levels. Lee said that assets pull back from where they rally, and the $70K region is one retracement level, while another level for BTC is at around $50K.

“Fair Prices”

Sorkin then questioned if the people and entities buying Bitcoin at current prices, for example, MicroStrategy’s recent 2,530 BTC purchase, have gotten in at “fair prices.” Lee countered that investors should maintain focus on the long term, adding that nobody will lose money while buying at $90,000.

“If they’re trying to time this, maybe they’ll get lucky and it goes to $70, but to me, bitcoin could be significantly higher this year, you know, maybe $200, $250, so … I think $90 is still a good entry point,” Lee said.

According to the data from CoinMarketCap, Bitcoin currently trades at $92,051.04, down 3.21% in the past 24 hours and 9.24% in the last 30 days. The digital asset lost the $2 trillion market cap after losing $100,000 earlier this month and has a market cap of $1.82 trillion at the time of writing.

The weekly chart provided by TradingView above shows that the RSI levels for Bitcoin are still bullish on a longer time frame. The RSI is valued at 60.86, which suggests that bulls are still in control, but the gradient of the line suggests a massive increase in selling pressure with chances of further price declines.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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