According to a report from Cointelegraph on November 27, Deep Tide TechFlow news, BitMine Chairman Tom Lee seems to have softened his widely publicized prediction of Bitcoin reaching $250,000 by the end of the year. In an interview with CNBC on Wednesday, Lee stated that BTC is very likely to reach $100,000 by the end of the year, and he only gave a “maybe” judgment on whether it would reclaim the historical high of $125,100 set in October.
This is the first time Lee has publicly softened his year-end Bitcoin price target of $250,000, a prediction that was initially made in early 2024 and has been consistently reiterated. Lee's forecast is one of the more optimistic views in the market.
Nevertheless, Lee still believes that Bitcoin may see its strongest performance before the end of 2025. He pointed out that Bitcoin usually achieves most of its gains within just 10 trading days each year.
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