Defying sceptics: Tom Lee says bitcoin could reach $250,000 in 2025

Despite restrained forecasts from some experts, bitcoin could climb to $250,000 as soon as 2025, according to Tom Lee, the well-known analyst and co-founder of Fundstrat.

My brand new interview with Tom Lee @fundstrat

We discuss his bullish outlook on Bitcoin (new ATH this fall?), the national debt, Fed policy, corporate treasury boom, the U.S. acquiring Bitcoin and more.

Let us know what you think in the comments below.

Timecodes:
00:00 Tom… pic.twitter.com/Poc3R6OKHh

— Natalie Brunell ⚡️ (@natbrunell) August 5, 2025

«Я думаю, биткоин определенно должен закрепиться выше $120 000 до конца года; $200 000 — возможно. $250 000 — тоже вполне», — сказал он в ходе подкаста Coin Stories.

Lee noted that bitcoin’s traditional four-year cycle may have been “broken” by rising institutional interest — a view shared by a growing number of industry participants, including representatives of CryptoQuant and Bitwise.

Doubt is useful

The Fundstrat co-founder is convinced that scepticism is a healthy signal for financial markets.

«Это говорит о том, что процесс поиска справедливой цены продолжается. Если все участники настроены оптимистично, это предположительно уже заложено в котировки», — отметил он.

According to Lee, the presence of doubt “opens space for positive surprises”.

According to his long-term forecast, bitcoin’s price could eventually reach $1m.

At the time of writing, the “digital gold” trades around $114,000 — below its ATH by 7.2%. Over the past seven days the asset has fallen 3.5%.

ETFs, on-chain indicators and technicals

Amid the recent pullback, net outflows from spot bitcoin ETFs have continued for four straight days. The chart shows the amounts are shrinking:

In the past 24 hours, total outflows reached $333m, the lion’s share from BlackRock’s IBIT. On August 1 investors pulled $812m from ETFs, among the highest on record. 

Many on-chain indicators are flashing encouraging signals. Thus, “given the recent panic”, the managing director of Bitcoin Magazine Pro notes upside potential in the MVRV Z-Score indicator.

A little reminder given the recent panic.

Higher. pic.twitter.com/SI6DQfsnX8

— Philip Swift (@PositiveCrypto) August 6, 2025

The metric’s readings on the chart remain far from the red overbought zone. That area traditionally signals the peak of a bull phase.

Glassnode analysts stressed that over the past 15 days both whale holders (>10,000 BTC) and small investors (< 1 BTC) bought the dip.

Both ultra-large holders (>10K $BTC) and retail investors (<1 $BTC) have, on average, accumulated over the past 15 days. This suggests initial dip-buying during the recent correction. However, the signal is lagging, reflecting smoothed behavior over a 15-day window. pic.twitter.com/AxfVyJtwkI

— glassnode (@glassnode) August 6, 2025

However, the trader known as Merlijn The Trader warns that the current upswing to $155,000 is “the last before the storm”.

BITCOIN’S LAST WAVE BEFORE THE STORM

We’re riding the final wave of an Ending Diagonal.

Every time before: That ends in euphoria…
Then collapse.

Target: $155,000

This is the peak before the plunge.
Late bulls won’t survive. pic.twitter.com/VRyxsQW9ap

— Merlijn The Trader (@MerlijnTrader) August 6, 2025

In his view, euphoria will end with a break of the lower boundary of the “ending diagonal pattern”.

«Поздние быки не выживут», — подчеркнул аналитик. 

Back in December, Tom Lee «дал» биткоину 12 месяцев to reach $250,000.