Bitcoin Boom: Get Ready for Liftoff!

💸 Bitcoin Boom: Get Ready for Liftoff! 💸

Oh, hello there! 👋 It’s your favorite crypto correspondent here, and I’ve got the scoop on the latest Bitcoin buzz. 🤫 Tom Lee, the head of research at Fundstrat Capital, has been chatting with CNBC’s Squawk Box, and let’s just say he’s feeling pretty bullish about Bitcoin’s prospects for 2025. 📈

According to Lee, Bitcoin might just hit rock bottom this week, along with the equities market. But don’t worry, folks, he’s not predicting a total crypto-pocalypse. In fact, he thinks Bitcoin is going to do a lot better than $150,000 this year. 🤯

Bitcoin to do a lot better than $150,000 this year: Tom Lee

Now, I know what you’re thinking… “Has Tom Lee been sipping on some of that crypto-Kool-Aid?” 🤣 But hear him out. He’s been predicting a “cyclical downturn” for Bitcoin, which might last until the end of March. But after that, it’s full steam ahead! 🚂

As Lee tweeted: “Great speaking with @JoeSquawk @MelissaLeeCNBC on @SquawkCNBC this am… feels like a bottom coming this week… for equities and possibly Bitcoin #hodl #mondaymusings @fs_insight @FundstratCap $GRNY”

Great speaking with @JoeSquawk @MelissaLeeCNBC on @SquawkCNBC this am

– feels like a bottom coming this week
– for equities and possibly Bitcoin #hodl#mondaymusings@fs_insight @FundstratCap $GRNY

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) March 3, 2025

Lee’s prediction is music to the ears of all you HODLers out there. 🎵 And it’s not just Bitcoin that’s getting a boost. The US president has just approved the creation of a strategic cryptocurrency reserve, which includes Bitcoin, Ethereum, XRP, ADA, and SOL. 🤝

As a result, the prices of these coins have gone through the roof! 🚀 BTC soared by 11.33%, while XRP briefly hit $3.02 before crashing back down to earth. 🌎

So, are you ready to join the Bitcoin party and see the cryptocurrency soar to new heights? 🎉

2025-03-03 18:04

Bitcoin to do a lot better than $150,000 this year: Tom Lee

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