Tom Lee, co-founder and head of research at Fundstrat Global Advisors, predicted a bright future for Bitcoin during the Consensus conference in Canada. He believes that as global adoption expands, Bitcoin could reach a level of network value equivalent to that of gold.
Bitcoin as the Swiss Army Knife of Financial Markets
Lee describes Bitcoin as a hybrid asset—both a high-risk investment and a safe haven. He refers to it as a “network value” asset and emphasized in his speech that Bitcoin is like a Swiss Army knife that addresses multiple financial needs simultaneously. This multi-functionality, he argues, is a key driver of its price appreciation.
For years, Lee has viewed Bitcoin as a powerful alternative to gold, especially in times of inflation, currency devaluation, and financial instability. He believes that if Bitcoin earns public trust and develops sufficient infrastructure, its market cap could eventually match or surpass that of gold—potentially pushing Bitcoin’s price to $1–$1.5 million in the long run.
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Bitcoin Analysis – May 26th, 2025
Bitcoin has entered a strong upward trend starting from $75,000, recently recording a new all-time high at $112,000. With the daily candle closing above the previous ATH at $109,500, we can expect this bullish trend to continue.
The mitigation block’s lower bound in the daily timeframe is considered to be around $105,000, and trend-following trade stop-losses should be placed just below this level.
The order block between $103,500 and $100,800 plays a critical role—if this zone breaks, a market structure shift (MSS) will occur, potentially signaling the start of a corrective phase in the current uptrend.
Our primary target for the ongoing bullish movement lies between $122,000 and $130,000. Once Bitcoin reaches this major target zone, we’ll be watching closely for signs of a bearish reversal.
On the downside, if the $100,000 support level is broken, the next target for price would likely be around $93,000.
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