Crypto enthusiast Tom Lee is confident that Bitcoin will be the top investment asset this year.
According to Tom Lee, the current 15% correction in Bitcoin is normal for such a highly volatile asset. This kind of fluctuation is typical for the early stages of the halving cycle, he pointed out. Historically, a decrease in mining rewards has always been followed by a dip.
Tom Lee is certain that Bitcoin will be one of the most attractive investment assets in 2025. "Bitcoin should be viewed from a long-term perspective," he said, asserting that "no one is going to lose money buying here" at current prices.
The analyst admits that the price of BTC could drop to $70,000, but that would mark the bottom before a resumed rally. According to his estimates, this bullish run could last until the end of 2025.
Earlier, the crypto enthusiast also predicted that Bitcoin would surpass $250,000, driven by reduced coin supply.
