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Bitcoin Predicted to Outperform Gold in 2025 by Tom Lee
Legendary trader and analyst Tom Lee has predicted that Bitcoin (BTC) will outperform gold in the year 2025. This prediction comes as a surprise, given the current market trends and the bearish sentiment surrounding cryptocurrencies.
As reported by U.Today, Lee previously predicted that the flagship cryptocurrency “would do better than $150,000” in 2025. While his previous predictions have been met with skepticism, he remains an authoritative voice in the investment space.
In a recent interview, Lee revealed that Bitcoin’s first appearance on his radar occurred when he was working at banking giant JPMorgan. At the time, the network value of the cryptocurrency was a paltry $20 billion. However, Lee’s attention was piqued when the cryptocurrency’s price experienced a remarkable 10-fold increase in 2017.
Fundstrat published its first report on Bitcoin when it was trading at roughly $1,000.
Source: https://u.today/bitcoin-predicted-to-outperform-gold-in-2025-by-tom-lee
