Bitcoin price target of $250k+ in 2025 predicted by Fundstrat strategist Tom Lee

From Cointelegraph

November 30, 2024 06:31 AM:

Bitcoin has entered the “sweet spot” for the next price bull market, according to Fundstrat’s Tom Lee. This could indicate a significant increase in BTC price.
Lee’s prediction comes as Bitcoin approaches its third halving event, a key factor in previous price surges.
The halving event will reduce the reward for mining new Bitcoin blocks, potentially driving up demand and price.
Historically, Bitcoin has seen significant price increases following halving events, with previous surges reaching all-time highs.

Read more at Cointelegraph: Fund strategist echos 6-figure BTC price targets, sees $250K+ in 2025