Tom Lee Adjusts Bitcoin Predictions, Believes ATH Before Year-End Possible

Cryptocurrency industry veteran Tom Lee, Chairman and Fundstrat CIO, has dialed back his year-end Bitcoin price target from $250K to a more realistic estimate of exceeding $100,000 before the end of 2023. This shift comes after recent market fluctuations, including a significant liquidation event that wiped out billions from the cryptocurrency market. Lee’s revised prediction acknowledges the potential for Bitcoin’s price to reach new heights before the year-end, although he does not explicitly rule out a complete ATH by 2025.