- Bitcoin should be over a million, according to Tom Lee.
- He declares the BTC 4-year bull cycle to end due to institutional adoption.
- He also confirms that BTC is a replacement for gold.
Bitmine Immersion’s Chair and reputed crypto expert, Tom Lee, says that Bitcoin should be over a million. He also goes on to declare that BTC is a replacement for gold and that the 4-year cycle that Bitcoin tends to follow is coming to an end. These are all interesting and bullish statements pertaining to the pioneer crypto asset, Bitcoin (BTC). Tom Lee has also made bold statements for the pioneer altcoin Ethereum (ETH).
Bitcoin Should Be Over a Million
Thomas Lee, who goes by Tom Lee, is a reputed figure in the finance and crypto industry and is currently the head of the Bitmine Immersion firm. This entity has been buying a large amount of ETH, so much so that it has become the largest ETH holder at present. Despite Tom Lee being a big Bitcoin advocate, it is surprising to many that the entity is buying more ETH over BTC.
This ETH over BTC strategy is being adopted by several other entities as well. The fact that ETH is steadily outperforming Bitcoin is another bullish sign for institutions to hold more ETH over BTC at present. But the main reason that institutions are buying more ETH over BTC is because the price of BTC has already pumped exponentially and is already trading at 6-digit price levels.
Many analysts, including Tom Lee, believe that the price of BTC should hit $1 million soon. Even if BTC could do so, the pump to a million would mean a 10x at most, but not entirely. This pump isn’t as exciting as what ETH is expected to offer. Presently, expectations for ETH set up the pioneer altcoin asset to hit new ATH prices between $8,000 and $10,000 on the lower end to $15,000 and $20,000 on the higher end.
According to Tom Lee, the price of ETH is expected to hit $15,000 by the end of December 2025. Meanwhile, other popular bullish expectations for ETH take the asset’s value to hit $60,000 this bull cycle. This expectation could be true if the 4-year bull cycle blueprint collapses and the pattern goes obsolete, meaning the price of both ETH and BTC could hit incredible new ATHs, however, ETH’s pump could be exponentially higher.
BTC Is a Replacement for Gold
As we can see from the post above, Lee declares that Bitcoin is a replacement for gold. He says that BTC could easily surpass gold, which makes the possibility of BTC hitting the $1 million ATH an inevitable target over time. He says that this could also mean the end of the 4-year bull cycle due to the active participation of institutional accumulation and Bitcoin adoption. He concludes by saying that BTC should hit $200,000 to $250,000 soon.
