What's your thought about Tom Lee's biggest prediction?

MainIbem

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Quote from: BIT-BENDER on December 01, 2024, 01:25:01 PM

Quote from: ? on December 01, 2024, 09:31:09 AM

Biggest prediction have ever see

While going through some cryptocurrency news today I came an across this Tom Lee's biggest prediction that in 1 year bitcoin will hit $250,000 and I also watch his interview made with Anthony Scaramucci that Bitcoin will trade at 250,000 in one year , already this man has gone far beyond this,he's a well known long term Bitcoin supporter and a financial analyst......At times when you look back and consider history of 2020/2021,bitcoin price rise from $7,000 to over $64,000 in just a few months,it's clear that bitcoin is capable of rapid growth and also surprise investors for rapid price appreciation from it consistent demonstration.

My fellow members of this community what's your thought about this prediction?

https://u.today/btc-to-250000-fundstrats-tom-lee-shares-bitcoin-price-prediction

Warren Buffett had also predicted that Bitcoin would despair, also so many notable influencers has also had something to say concerning the future price of Bitcoin. I think now many influencers are using Bitcoin price prediction to chase clouth and attention especially now that Bitcoin is doing well

My thoughts is that you don't put so much attention or your decision in the hands of these guys, they have their own thoughts but you should also do your research and believe in Bitcoin not because someone had made a prediction or not this would help you avoid FOMO and FUD.
.

What do you expect, those who are Bitcoin critics would promote the hate and give people reason not to invest on it even though they're wrong, I've come across several false claims especially on X, talking about how Bitcoin is related to ponzi, how top holders are a big scam, etc. Well lots of them are clothes chaser or doing it for the clicks and engagement to keep their accounts always active but we know the truth about Bitcoin and time has shown us it's great potential therefore I wonder why anyone would be fall for the bullshit speed by those critics. Bitcoin has given me a benefit of doubt overtime and I strongly believe that it would reach more ATH in the near future, Tom Lee has speculated on what he feels the price would be and I feel that's what's motivation him to keep adding and holding to his portfolio, there's a possibility of Bitcoin increasing according to his speculations anyways, only time can tell.

EL MOHA

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Quote from: Gozie51 on December 20, 2024, 03:48:51 PM

This prediction for $250k no go be instant and e no be say e no fit happen. Wetin me I dey expect be say if Trump enter as president proper by January, the price go begin rise because of the crypto friendly people wey him dey work with like Elon musk.

This prediction no go Dey off like that if to say time frame no Dey but with the duration of one year meaning the whole of next year I don’t actually think we will be able to see this price, all are predictions oo but to be honest bitcoin volatility isn’t like before where we can get an easy 10x price increase, right now the rate of adoption and the way many people use diamond hands to hold on to their bitcoins it will be hard to see it circulating around like that.

Trump coming will definitely increase the rate of adoption if his policy about bitcoin actually gets implemented which is one thing I think won’t be easily done, couple with other countries looking to relax rules about bitcoin we can have a good move but to me it won’t be beyond the $200k for next year

Gozie51

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Wetin me I know about all these price prediction be say na im dey cause wey price dey rise self because when dem predict am like that, investors go begin chase that price prediction and the thing go follow reach that level wey dem predict am. I think say na prediction dey cause price increase as people emotions dey rise na so the investment dey go.

Quote

Tom Lee's biggest prediction?

This prediction for $250k no go be instant and e no be say e no fit happen. Wetin me I dey expect be say if Trump enter as president proper by January, the price go begin rise because of the crypto friendly people wey him dey work with like Elon musk.

DubemIfedigbo001

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Let love lead

I believe we should really understand that may people have different intentions of predicting bitcoin prices and they are as follows:

Pump and Dump Schemes: Most influential people tweet about various coins including bitcoin to create some unnecessary short-term spikes in prices on those coins alongside bitcoin, truth is that they are having some holdings of those other shitcoins and would spike the price and sell at the detriments of other imminent investors.
Industry Promotion: Some Industries delved into bitcoin accumulation and promoting it in order to position their companies as leading crypto enthusiasts and bring them to the limelight e.g MicroStrategy and Mike Saylor has taken the advantage of bitcoin to becoming more prominent in the crypto and tech space.
Publicity:Most content creators and influencers predict both mindfully and mindlessly about bitcoin, thereby growing their fan base with their bold and controversial predictions about Bitcoin
Personal Ideology and Beliefs: Some people are honest and intentional with their beliefs about bitcoin and promote it absent of short-term personal interests or recognition but believe in its dominance and invest to its growth. A clear example is Jack Dorsey who have invested in the advancement of lightening network rather than for short-term gains.

So, it is obvious the person in contention has some personal reasons for such escalatory prediction and his intent could or could not have been met, leaving the public to continue pondering on the possibilities of his claim being obtainable. You and I know very well that the chances of Bitcoin climbing such height in just a year is relatively slim, but not achievable.

Cryptomultiplier

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Quote from: ? on December 01, 2024, 09:31:09 AM

Biggest prediction have ever see

While going through some cryptocurrency news today I came an across this Tom Lee's biggest prediction that in 1 year bitcoin will hit $250,000 and I also watch his interview made with Anthony Scaramucci that Bitcoin will trade at 250,000 in one year , already this man has gone far beyond this,he's a well known long term Bitcoin supporter and a financial analyst......At times when you look back and consider history of 2020/2021,bitcoin price rise from $7,000 to over $64,000 in just a few months,it's clear that bitcoin is capable of rapid growth and also surprise investors for rapid price appreciation from it consistent demonstration.

My fellow members of this community what's your thought about this prediction?

https://u.today/btc-to-250000-fundstrats-tom-lee-shares-bitcoin-price-prediction

A prediction is a prediction. We just have to sit, observe and take into consideration when such happens or whether it didn't happen as it was supposed to.
BTC surely has prospects of getting to the $250k mark in a year or over the next coming months, but am sure this isn't a major concern because currently the price of BTC has drop from $104k to $97k just some days to Christmas.
The best advice I gave before and would repeat, is to sell at this point, take profit and diversify at $100k or accumulate more till your intended duration.

Franctoshi

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Quote from: ? on December 01, 2024, 09:31:09 AM

Biggest prediction have ever see

While going through some cryptocurrency news today I came an across this Tom Lee's biggest prediction that in 1 year bitcoin will hit $250,000 and I also watch his interview made with Anthony Scaramucci that Bitcoin will trade at 250,000 in one year , already this man has gone far beyond this,he's a well known long term Bitcoin supporter and a financial analyst......At times when you look back and consider history of 2020/2021,bitcoin price rise from $7,000 to over $64,000 in just a few months,it's clear that bitcoin is capable of rapid growth and also surprise investors for rapid price appreciation from it consistent demonstration.

My fellow members of this community what's your thought about this prediction?

https://u.today/btc-to-250000-fundstrats-tom-lee-shares-bitcoin-price-prediction

This isn't new in the space, anyone can come out and make any prediction of his choice, crypto industry is like a free word, people can explore their predictive skills. So far, Bitcoin has started making tremendous moves by hitting new ATH. You, too, can do the same just with historical performance of Bitcoin, Technical and fundamental analysis combined.

I don't rely on whatever price someone is predicting out their, Bitcoin does what it wants to do at any given time without minding your predictions, we all saw in the last bull market how people predicated that Bitcoin would reach 100k, but it happened that we now saw Bitcoin @100k this bull market cycle.

However, 250k isn't an unrealistic price target for Bitcoin to hit if we fast-forward back into history. We can even go way above that price or not reach it at all before the next bear market.

Odogwu-Blockchain

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So many predictions done plenty on the Internet as this no be the only one wey I don see, e no do me strange news again because no so many predictions go dey come up as Bitcoin price dey skyrock, na normal thing for me.

To me, Bitcoin price go hit $150,000-$170,000 by quarter of 2025 as that's the major prediction at my end, e no go pass like that. Tom Lee prediction na the second ATH in the next bull run after e go retrace back to normal in the coming month.

Mpamaegbu

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Once a man, twice a child!

D $250k projection dey highly possible in 2025 if we put together d great fundamentals wey dey back Bitcoin now. From my expectations, Bitcoin supposed do like 3X of wetin im dey d last ATH. Na so I dey reason am afta I followed d two last ATHs of 2017 and 2021. Anybodi fit crosscheck am and you go see how d thing played out. On a norma, I nor think sey dis ATH wey we dey expect so go dey any different, and den coupled with everything wey Trump and the rest of the world dey do now to show support for Bitcoin. Make una nor let d momentary dip frighten una. Na Xmas money wey investors dey comot cause am. Na normal thing every Xmas.

2025 go really dey busy for Bitcoin. E go be breaking records upon records. D only wahala go be whether persin fit wait till e reach that height.

Ronsbit

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It is good to predict and speculate as that gives hopes and aspirations in the crypto industries of what to come but to rely on those speculations and predictions is not feasible and anyone who does that would definitely make a big mistake. Already, the crypto community already knows what is obtainable and would hardly give in to such predictions except newbies who are just novice in the system.

There is every possibility of bitcoin to pump immediately after Trumps inauguration as the case maybe but I think the policy and regulation is another factor that would also determine how far a new all time high would be achieved. The idea of bitcoin reaching $250,000 within a year is not feasible. How many years did it take bitcoin to achieve this current price it is now that it would jump to such an amount within the space of a year.

However, this can be obtainable when the adoption rate is massive globally and nations use bitcoin as their alternative national reserve which means removing bitcoin in circulation making it scarce and high in demand which further increases the price value of bitcoin. With this, one can say near such amount is achievable within a year such amount in full or above.

Ishicryptic

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At this point with the knowledge that I have gathered about Bitcoin I don't get carried away by what specilators have to say about what the price will be in the future, because most times their predictions are wrong. Although we can not separate Bitcoin and speculations because it is a volatile asset and people will want to speculate what it's price will be in the future. It is important to note that nobody can singlehandedly control what Bitcoin price will be, even whales that can buy up or dump huge amounts of Bitcoin can only manipulate price for a short time and there will be a correction. Anything can happen and we can see Bitcoin price skyrocket to $250k before bear run or it won't reach $150 knows for certain. So hodl for as many circles as you can to get huge returns on your investment and you will not worry about speculations.

Zigabel

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Quote from: BIT-BENDER on December 01, 2024, 01:25:01 PM

Warren Buffett had also predicted that Bitcoin would despair, also so many notable influencers has also had something to say concerning the future price of Bitcoin. I think now many influencers are using Bitcoin price prediction to chase clouth and attention especially now that Bitcoin is doing well

My thoughts is that you don't put so much attention or your decision in the hands of these guys, they have their own thoughts but you should also do your research and believe in Bitcoin not because someone had made a prediction or not this would help you avoid FOMO and FUD.
.

I agree with this, so many influencers are beginning to chase clout, and call some attention to themselves knowing they have got some influence and some audience so making a statement about any of this would not be taken for granted rather will be given so much attention and may even lead to some speculative volatility amongst retail trades and small scale investors who are using their comments as an indicator to make some moves in the market.

The bitcoin dynamics is one that every good crypto enthusiast who understands will not have to panic by the comments of these people but will be calm and allow the cycle playout then they optimize the opportunities around it and not to depend on the speculative insights of this big influencers alone but to rather follow up with the reality of the actual circle of bitcoin from which they can make some good tons of profits.

AVE5

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Quote from: ? on December 01, 2024, 09:31:09 AM

At times when you look back and consider history of 2020/2021,bitcoin price rise from $7,000 to over $64,000 in just a few months,it's clear that bitcoin is capable of rapid growth and also surprise investors for rapid price appreciation from it consistent demonstration.

I'm only interveneing so that you don't think or misinform the public of bitcoin being a get quick rich marketing investment. Be let known that longtime holders are better chances to appreciate their holdings.
In bitcoin investment, not pain no reward and the pain is patient at the Bear and the dip while the rewards is market increase of holding at the price increase.

Josefjix

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yes

Quote from: BIT-BENDER on December 01, 2024, 01:25:01 PM

Warren Buffett had also predicted that Bitcoin would despair, also so many notable influencers has also had something to say concerning the future price of Bitcoin. I think now many influencers are using Bitcoin price prediction to chase clouth and attention especially now that Bitcoin is doing well

My thoughts is that you don't put so much attention or your decision in the hands of these guys, they have their own thoughts but you should also do your research and believe in Bitcoin not because someone had made a prediction or not this would help you avoid FOMO and FUD.

Real Bitcoiners understand that $250k in the next 12 months is unrealistic; we should be talking about $200k in the next two halvings and not this one; they're getting ahead of themselves, attempting to influence the market as usual with misinformation. The best we can expect from Bitcoin after the price dip before the bull run is $100-130k, unless Trump decides to openly adopt it, which is unlikely.

BIT-BENDER

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Quote from: ? on December 01, 2024, 09:31:09 AM

Biggest prediction have ever see

While going through some cryptocurrency news today I came an across this Tom Lee's biggest prediction that in 1 year bitcoin will hit $250,000 and I also watch his interview made with Anthony Scaramucci that Bitcoin will trade at 250,000 in one year , already this man has gone far beyond this,he's a well known long term Bitcoin supporter and a financial analyst......At times when you look back and consider history of 2020/2021,bitcoin price rise from $7,000 to over $64,000 in just a few months,it's clear that bitcoin is capable of rapid growth and also surprise investors for rapid price appreciation from it consistent demonstration.

My fellow members of this community what's your thought about this prediction?

https://u.today/btc-to-250000-fundstrats-tom-lee-shares-bitcoin-price-prediction

Warren Buffett had also predicted that Bitcoin would despair, also so many notable influencers has also had something to say concerning the future price of Bitcoin. I think now many influencers are using Bitcoin price prediction to chase clouth and attention especially now that Bitcoin is doing well

My thoughts is that you don't put so much attention or your decision in the hands of these guys, they have their own thoughts but you should also do your research and believe in Bitcoin not because someone had made a prediction or not this would help you avoid FOMO and FUD.
.

?

Activity: -

Merit: -

Biggest prediction have ever see

While going through some cryptocurrency news today I came an across this Tom Lee's biggest prediction that in 1 year bitcoin will hit $250,000 and I also watch his interview made with Anthony Scaramucci that Bitcoin will trade at 250,000 in one year , already this man has gone far beyond this,he's a well known long term Bitcoin supporter and a financial analyst......At times when you look back and consider history of 2020/2021,bitcoin price rise from $7,000 to over $64,000 in just a few months,it's clear that bitcoin is capable of rapid growth and also surprise investors for rapid price appreciation from it consistent demonstration.

My fellow members of this community what's your thought about this prediction?

https://u.today/btc-to-250000-fundstrats-tom-lee-shares-bitcoin-price-prediction

Topic: What's your thought about Tom Lee's biggest prediction? (Read 178 times)