Tom Lee Predicts Bitcoin (BTC) Could Surge to $250,000 in 2024, Ethereum (ETH) to $6,000

During a recent appearance on CNBC, permabull Tom Lee predicted that the price of Bitcoin could surge to $250,000 in 2024.

Bitcoin price predictions for 2024 and 2025 have been shared by Fundstrat Global Administration managing director Tom Lee, who also anticipates a surge in altcoins. During a recent appearance on CNBC, Lee predicted that the price of Bitcoin could surge to $250,000 in 2024. He also stated that investors should consider a much higher Bitcoin allocation in 2025 due to the fact that the regulatory landscape is becoming significantly friendlier. At the same time, Lee has predicted that Ethereum (ETH), the second-largest cryptocurrency by market cap, could surge all the way to $6,000. The analyst appears to be convinced that an all-out altseason could happen in 2025, with Solana and some other alternative cryptocurrencies potentially doing "extremely well."

As reported by U.Today, Lee repeatedly predicted that the price of Bitcoin would hit $150,000 in 2024. However, with only a few days left until the end of the year, it seems highly unlikely that Lee's target will be reached this year. So far, the leading cryptocurrency has peaked at $108,135. The leading cryptocurrency is currently trading at $98,148 after approaching $100,000 on Christmas Eve.