Fundstrat founder Tom Lee, a respected analyst known for his accurate S&P 500 index calls, has shifted his stance on the market. After two years of strong gains, Lee is now cautious about the outlook for 2025.
Despite this caution, Lee remains bullish on bitcoin, forecasting it to reach $250,000 by next year. This prediction reflects a significant increase from its current value and suggests that Lee still believes in the potential of the cryptocurrency.
Source: https://www.marketwatch.com/story/fundstrats-tom-lee-is-no-longer-one-of-wall-streets-biggest-bulls-why-hes-cautious-on-2025-8248c01f