Can Bitcoin Really Double in Price by the End of 2025?
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In a recent CNBC interview, Tom Lee of Fundstrat predicted that Bitcoin (CRYPTO: BTC) could hit a price of $200,000 by the end of 2025. And he said it could do so "easily." That's music to the ears of crypto investors everywhere.But is this a realistic scenario? After all, Bitcoin currently trades for $115,000. So it would need to nearly double in price within a very short period of time. Bitcoin is known for its explosive year-end rallies, but is this simply asking too much?At the beginning of the year, it was popular to talk about Bitcoin hitting the $200,000 mark. To a large extent, that was based on all the pro-crypto euphoria surrounding the new presidential administration. Bitcoin was coming off a record-setting run to $100,000 in 2024, and seemed primed for another big rally in 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool