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Bitcoin near the bottom, EOI Target Still $ 150K: Lee

This week’s data on American working work and 10% snowflakes could shape the bottom of the market, said Headat’s research head, Tom Lee.

The Cripto Marketes found the President Donald Trump teased US Cripto Reserve with five best digital funds on the market, including Bitcoin (Btc) and Etherum (El). Investors arranged over $ 330 billion in cryptocurious hours in hours because of the news.

However, the outflows surpassed 600 billion dollars 24 hours later, and Croptos returned all profits from Trump announcement. Despite the market moves, Lee said Bitcoin would finish 2025 more than $ 150,000. BTC changed his hands below $ 83,000 from writing, slightly recovered from the day of low about $ 81,900.

More pain before bitcoin dna

Speaking with CNBC, Lee predicted that the bottom of the BTC market can form this week. The bottom of the market is the levels where the property is usually refused and are considered to be skimmed for the urge of hints.

Although the Lee’s forecast adopted a long-term representation, the PRO-BTC investor expects short-term instability to contribute to the DNA finding. This phase of the cyclic bottom could send BTC to $ 62,000 in March in March, Lee enrolled.

Bitcoin would fell more than 24% of the current price if he played Lee’s scenario. Also, this outcome would expand the fall of BTC from all times to over 50%, marking one of the biggest assemblies in property history and setting four-monthly low.

Potential drop of bitcoin
BTC Potential 24% Falling According to Tom Lee Prediction Funds | Source: Tradingview

Based on historical data, the chances of this happen almost 50/50. Between 2013 and 2024. The BTC closed the march with losses six times and turned five times.

Some analysts agree that BTC and the broader crypto market can suffer from feelings of risk due to economic uncertainty. The trade wars were erupted as President Trump issued tariffs against Canada, Mexico, China and other national states.

Lee said that this week this week, data on work was sent could alleviate fear and sparks trust investors. It is important that BTC saw a modest uptick after last week’s basic data on the Core PCE before it was done again.

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2025-03-04 18:42:00

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