{"id":20293,"date":"2025-01-14T11:53:47","date_gmt":"2025-01-14T09:53:47","guid":{"rendered":"https:\/\/forklog.com\/en\/tom-lee-90000-is-a-good-entry-point-into-bitcoin\/"},"modified":"2025-01-14T11:53:47","modified_gmt":"2025-01-14T09:53:47","slug":"tom-lee-90000-is-a-good-entry-point-into-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tom-lee-90000-is-a-good-entry-point-into-bitcoin\/","title":{"rendered":"Tom Lee: $90,000 is a good entry point into bitcoin"},"content":{"rendered":"<p>In 2025, digital gold will be among the most attractive assets for investors, says Fundstrat co-founder Tom Lee.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Bitcoin's going to be one of the best performing assets this year, says Fundstrat's Tom Lee\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Dp-fYnv9aTA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<p>The analyst said the current 15% correction is normal for a volatile asset like bitcoin. Such moves are typical early in the halving cycle; historically, each reduction in miners\u2019 rewards has been followed by a notable drop.<\/p>\n<p>According to Fundstrat, the price of the first cryptocurrency could fall to the $70,000 and $50,000 levels; however, that would mark a \u201cbottom\u201d before a rally.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Bitcoin should be viewed from a long-term perspective. I do not think anyone will lose money buying now at $90,000,&#8221; Lee stressed.<\/p>\n<\/blockquote>\n<p>He reiterated his <a href=\"https:\/\/forklog.com\/en\/news\/tom-lee-predicts-bitcoin-surge-to-250000-by-2025\">previous forecast<\/a> that the first cryptocurrency could reach $250,000 during 2025, adding that digital gold will be among the best-performing assets.<\/p>\n<p>At the time of writing, bitcoin is trading around $95,500 with a market capitalisation of $1.89 trillion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcua1E-RG9RrVyyz-zLBKsJwXce4QVsbg4DxwHYPUEJLeKPVgvfdeu9liA-YejCbXJVuh5eMFcPQ7sjy4Y8_nDIwAV7617qRc7RBgwk74RoBhjOmIW_3EKHseneUWQspsZaulZ9_w?key=o9Pp7Tf3jkTsyG0Sa5k17PI4\" alt=\"Tom Lee: $90,000 is a good entry point into bitcoin\"\/><figcaption class=\"wp-element-caption\">Daily BTC\/USD chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSD\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>In January, QCP Capital said macroeconomic trends in the United States were favourable for the first cryptocurrency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2025, digital gold will be among the most attractive assets for investors, says Fundstrat co-founder Tom Lee. The analyst said the current 15% correction is normal for a volatile asset like bitcoin. Such moves are typical early in the halving cycle; historically, each reduction in miners\u2019 rewards has been followed by a notable drop. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1146,1138,919],"class_list":["post-20293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-market-forecasts","tag-opinions","tag-tom-lee"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20293"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20292"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}