Legendary bullish analyst Tom Lee compared Bitcoin to Gold and revealed his BTC expectations!

Tom Lee, co-founder of Fundstrat Global Advisors, known for his bold predictions on Bitcoin (BTC), spoke about Bitcoin.

Referring to gold’s run from record to record, Tom Lee stated that he expects Bitcoin to catch up with gold.

Speaking on CNBC’s Squawk Box program, Lee stated that the pressure to reduce leverage that was causing institutional investors to sell in the Bitcoin market has disappeared.

At this point, it was stated that Bitcoin would quickly recover with institutional investors reducing leverage and catch up with gold.

Lee stated that high leverage is one of the main factors putting pressure on Bitcoin prices, especially on weekends.

"Now that the leverage reduction process has been completed, I think Bitcoin will catch up with gold.

Bitcoin’s previous peak was over 110,000 dollars, so I believe there is a lot of room to catch the peak as a non-dollar asset.

Lee stated that while he predicts Bitcoin could catch up to gold as investor confidence returns, uncertainties may persist due to economic risks and FED policy discussions, but the worst for BTC seems to be in the past.

While gold is running from record to record, Bitcoin has experienced a decline contrary to gold. Gold prices have increased by 30.31% since the beginning of the year, reaching $3,470 per ounce.

According to this data, BTC will need to see an increase of 36.61% from current levels to catch up with gold. This corresponds to a rise to $120,507.

Tom Lee had previously shared his expectations for the markets in 2025 and stated that he expects Bitcoin to reach approximately $250,000 by the end of 2025.

Lee also stated that he expects Ethereum (ETH) to perform strongly and reach between $5,000 and $6,000.