Tom Lee Cools on $250K Bitcoin Target, Now Eyes $100K+ Rally

Tom Lee has softened his $250,000 year-end Bitcoin forecast, now seeing $100,000 as likely and a new all-time high as only a "maybe," citing market volatility and key trading days.

Tom Lee, previously known for his bullish $250,000 year-end Bitcoin price target, has publicly moderated his outlook, now suggesting that Bitcoin may only revisit its October all-time high of around $125,000 before the end of the year. Lee still expects Bitcoin to rise above $100,000 by year-end, but describes a new all-time high as just a "maybe." This marks the first time Lee has softened his $250,000 forecast, which he reiterated through early October. He maintains that Bitcoin’s largest gains often occur in just a handful of trading days, citing that in 2024, the top ten trading days delivered a 52% return, while the rest of the year saw negative returns. Despite recent market downturns and bearish technical signals, Lee believes Bitcoin’s strongest days may still lie ahead before the end of 2025. His revised outlook reflects ongoing macroeconomic challenges and shifting institutional dynamics, encouraging investors to focus on long-term fundamentals rather than short-term speculative gains.