During a recent appearance on CNBC, Tom Lee anticipation The price of Bitcoin may rise to $250,000 in 2024.

Lee believes that investors should consider a much higher Bitcoin allocation in 2025 due to the fact that the regulatory landscape has become significantly friendlier.

Meanwhile, Lee predicted that Ethereum (ETH), the second-largest cryptocurrency by market cap, would rise to $6,000.

The analyst seems convinced that an all-out altcoin season could occur in 2025, with Solana and some other altcoins likely to perform “very well.”

As U.Today reported, Lee has repeatedly predicted that the price of Bitcoin will reach $150,000 in 2024.

So far, the leading cryptocurrency has peaked at $108,135, and it seems very unlikely that Lee's target will be reached this year considering that Bitcoin bulls only have less than a week left.

The leading cryptocurrency is currently trading at $98,148 after approaching $100,000 on Christmas Eve.