Fundstrat’s Tom Lee predicts Bitcoin may have reached its lowest market point based on its recent 10% decline before U.S. employment data reports. Despite recent decreasing prices Lee believes Bitcoin will reach $150,000 by the year 2025.
A surge occurred across crypto market values over the weekend because Donald Trump mentioned a U.S. crypto reserve made up primarily of Bitcoin and Ethereum. When this news broke it brought $330 billion dollars of new investments into cryptocurrencies speedily. During the next 24 hours investors withdrew $600 billion in profits and wiped out the previous market gains. After bottoming at $81,900 earlier the trading day BTC now sells at $83,000.
In his interview with CNBC Lee says BTC seems to be establishing its bottom point before market recovery typically starts. He expects this price bottoming to occur this week but notes Bitcoin may fall more as it prepares to recover.
Bitcoin Faces Uncertain Market Trends
Through his evaluation BTC might hit $62,000 during March which would bring about a 24% market decline from today’s values. The market sees an important decline in Bitcoin that ranks among its biggest drops ever and reaches a new four-month price bottom.
The past records show that Bitcoin trended differently throughout March across different years. BTC gained value on the market for five months out of nine during the years from 2013 through 2024. Both market analysts share their views regarding BTC but they disagree if rising economic difficulties will push BTC down further from here.
Market instability remains a leading problem due to continuous trade debates between nations. Trump now fights global trade disputes through his trade tariffs that target Canada, Mexico and China.
When other countries impose trade tariffs in response the financial markets show increased instability. Experts expect market participants to put more money into safe investments instead of cryptocurrencies due to unfolding market events.
Bitcoin Reacts To Economic Signals
According to Lee Bitcoin may start behaving differently after the most recent U.S. employment data became available. BTC temporarily increased after Core PCE inflation numbers came out but this rise faded quickly.
Economic stability signals from the job report would make investors more confident and lead them to buy BTC plus other digital assets again. When economic data shows a potential decrease in growth BTC prices will stay weak because investors remain unsure about future market direction.
Based on current market trends Lee believes BTC will demonstrate better performance in the future than today. According to him Bitcoin’s value rise will be pushed forward thanks to macroeconomic trends and companies accepting digital assets plus growing interest in crypto will reach new heights.
Bitcoin requires more time before reaching its next significant price increase despite current market ups and downs. Investors will use BTC market changes in upcoming weeks to forecast when the market may rebound or continue its downward path.
