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Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO

NewsBTC LogoNewsBTC21h ago

Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO - NewsBTC

Quick Summary:

Related Reading: 8 Bitcoin Price Predictions For 2025: What Banks, Hedge Funds And Experts Say Lee’s perspective paints a picture of a two-pronged price movement for Bitcoin: a potential drop to the "$50,000s,” followed by a climb that could reach, in his words, "maybe $200,000 or $250,000.” He noted that despite the possibility of a downward move, long-term holders should not be deterred.

During the January 13 segment, Lee spoke about the broader market concerns—such as inflation, bond yields, and earnings—before drawing a parallel to the crypto space, specifically Bitcoin’s trajectory.

"The hurricanes last year have muddled some of the inflation quality because for instance, hotel reservations would go up… It will muddle used car prices as well,” Lee said, adding that once these anomalies clear, overall inflation could register lower.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 11:00:36 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 67 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25152255

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 15 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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