Pro-Bitcoin analyst Thomas Lee believes Bitcoin’s value could double in 2025 despite recent market volatility and the cryptocurrency’s dip below $100,000.
Speaking with CNBC, Fundstrat head of research Thomas Lee reiterated his $250,000 year-end price prediction for Bitcoin (BTC). He expressed confidence that Bitcoin will be one of the best-performing assets in 2025, despite short-term fluctuations.
Volatility has shaken the BTC and crypto markets as the post-election honeymoon comes to an end this month. Bitcoin fell 15% from its all-time high of $108,000 and changed hands for approximately $95,600 by press time.
Bitcoin bull Lee said in the interview that this pattern is a “normal correction.” In fact, the short-term decline is modest compared to previous cycles. On-chain data has shown corrections as high as 35% to 55% in the past.
24-hour BTC price chart – January 14 | Source: crypto.news Can Bitcoin recover in February?
While Bitcoin advocates like Lee remain bullish, other analysts predict the asset will recover quickly in February.
Experts suggest that Bitcoin could consolidate between $90,000 and $100,000 before the next upward move. B2BINPAY CEO Arthur Azizov predicted in an email to crypto.news that Bitcoin could retake the $102,000 level and trigger a broader market rally next month.
Azizov echoed Lee’s view on the importance of consolidation and corrections, arguing that these stages are necessary for sustainable growth.
What is happening now is a natural phase in the market. Like many other assets, Bitcoin has left a lot of liquidity at the bottom. Currently, many assets have already absorbed the available liquidity, indicating that we are at a sensible stage of the market; growth cannot occur without correction.
Arthur Azizov, CEO of B2BINPAY
The crypto veteran also cautioned against timing the market, opting to adopt a long-term holding strategy in case of unexpected declines to lower levels. Similarly, Lee said BTC could retest $70,000 or even $50,000 based on Fibonacci analysis that tracks possible retracement levels.