Key Takeaways
- Tom Lee has once again delivered ultra-bullish predictions for Ethereum and Bitcoin.
- The famed analyst expanded his $250,000 Bitcoin target.
- Technical analysts see improving momentum for ETH.
Bitmine and Fundstrat’s Tom Lee ignited fresh debate in the crypto market this week after predicting that Ethereum could surge to $62,000 in the coming months, a call he made during a keynote address at Binance Blockchain Week.
Lee, a long-time crypto bull, compared Ethereum’s current moment to a pivotal point in U.S. financial history.
Bullish Ethereum Prediction
Speaking on stage, Lee said Ethereum is positioned at the center of a structural transformation driven by real-world asset tokenization.
“Ethereum this year is having its 1971 moment,” Lee said.
“In 1971, the dollar went off the gold standard… it galvanized Wall Street to create financial products to make sure the dollar would be the reserve currency.”
He argued that 2025 will mirror that inflection point, this time powered by blockchain rails.
“In 2025, we’re tokenizing everything. It’s not just the dollar… it’s stocks, bonds, real estate, and Wall Street is again going to take advantage of that and create products onto a smart contract platform,” he told the audience.
“Where they’re building this is on Ethereum… the vast majority of real-world asset infrastructure is being built there.”
Lee noted that Ethereum has remained range-bound for five years but has now “begun to break out,” prompting his firm to shift deeper into Ether exposure.
“Ethereum at $3,000 is grossly undervalued,” he said.
“If Ethereum returns to its eight-year average ratio against Bitcoin, that’s $12,000. But if it gets to 0.25 relative to Bitcoin, that’s $62,000,” Lee concluded.
Lee’s $250,000 Bitcoin Forecast Remains
Lee’s Ethereum forecast accompanied a renewal of his ultra-bullish Bitcoin stance.
Earlier reporting from Bloomberg indicated Lee still expects Bitcoin to climb to $150,000–$200,000 by late January, despite the recent downturn.
Onstage, Lee reiterated that Bitcoin “looks positioned for a major move,” and extended that target further.
“I think Bitcoin is going to get to $250,000 within a few months,” he said, calling Bitcoin and Ethereum “the two most important crypto platforms out there.”
His outlook echoes predictions from other major figures.
In April, Cardano founder Charles Hoskinson told CNBC that Bitcoin could reach $250,000 in 2026, especially if giants like Microsoft or Apple deepen their crypto exposure.
“Large corporate balance sheets moving into crypto could accelerate Bitcoin’s trajectory far faster than most people expect,” Hoskinson said at the time.
But skeptics have remained steadfast that such numbers are unachievable.
Crypto commentator Jacob King recently criticized such predictions as irrational.
“Cardano’s founder claims Bitcoin will hit $250,000 in 2026. This will not happen,” King wrote.
“This kind of fantasy price target, always pulled out of thin air, just shows how deep we still are in a delusional market.”
He added:
“This bear cycle has barely begun… investors are still intoxicated on hopium instead of facing reality.”
Technical Analysts See Promise, But Risks Remain
While Lee’s forecasts triggered pushback, some technical analysts see improving momentum in Ethereum, though with clear caveats.
CCN market analyst Victor Olanrewaju said Ethereum recently broke out of a major technical pattern.
“Looking at the daily chart, Ethereum’s price has broken out above the upper trendline of a falling wedge,” he explained.
“The Bull Bear Power has turned positive, indicating buyers are gaining control… and the RSI has crossed above the neutral line, confirming improving momentum and growing demand.”
Olanrewaju said ETH could soon test the next resistance zone:
“If this trend continues, ETH could breach resistance at $3,541. A move above that level opens the door for a push toward $3,876, where the next significant resistance cluster sits.”
However, he emphasized that the bullish structure could quickly unravel.
“Failure to maintain the breakout could invalidate the setup,” he warned.
“In that case, Ethereum may retrace toward $2,403 as the market resets.”
Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
