Bitcoin to the Moon!

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Oh joy, another “expert” predicting that Bitcoin will moon 🚀, this time Fundstrat’s Tom Lee claiming it’ll surge to $2.5 million in the long term. Because, you know, we’ve all been waiting for a credible source to tell us that cryptocurrency is a solid investment 🤣.

“I think, at a minimum, it should have the same network value as gold…But I think Bitcoin is more valuable than gold. I mean Bitcoin, could be $2 million $3 million long term, I mean even higher.” Lee added, because why not throw in a few extra million for good measure? 💸

Lee is convinced that the leading cryptocurrency could cross the $250,000 mark as soon as this year. Because, you know, that’s exactly how it works – a random number gets picked and suddenly it’s a realistic target 📈.

More dovishness on the horizon 🌅

According to Lee, Bitcoin is responding to global liquidity, which is currently moving up. Or, you know, maybe it’s just responding to the whims of Tom Lee 🤷‍♂️.

The federal funds rate is currently set at 4.25%-4.50%. As reported by U.Today, it remained unchanged following the latest FOMC meeting, which took place in June. Yawn 📺.

However, as noted by Lee, investors believe that the U.S. Federal Reserve will adopt a more dovish stance in the future. Two rate cuts are expected to take place this year. Or, you know, maybe they’ll just decide to print more money and call it a day 💸.

The supply-demand imbalance 🤔

Citing Bitwise’s research, Lee also pointed out that 95% of all existing Bitcoins have already been mined, but only roughly 5% of the global population actually has exposure to the leading cryptocurrency. So, in other words, there’s still a huge pool of potential buyers who have no idea what they’re getting themselves into 😂.

“So, I just think that there’s still a huge demand versus supply imbalance, meaning there’s a lot more potential buyers of Bitcoin over the next ten years,” Lee said, because he’s clearly an expert on human gullibility 🤣.

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2025-07-21 18:37