Bitcoin’s Next Wild Ride Could Shock Gold Lovers—Here’s Why

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So, there was Tom Lee, talking on CNBC’s Squawk Box, looking like a man who’s just spotted smoke signals from the crypto frontier. He said the wild stampede of leveraged bets in the crypto corral has finally quit tramping the ground. Those high-rolling institutions aren’t running scared anymore, so Bitcoin might just stand up, dust itself off, and start chasing gold’s tail again.

Meanwhile, gold’s been strutting like the champ it is—up over 30% this year and flirting with $3,470 an ounce. Bitcoin? It’s been that cousin who shows up late to the family reunion and misses the best pie. But Tom, that eternal optimist with a twinkle in his eye, says Bitcoin could still sprint ahead—thinking maybe a 36% jump from where it sits now, flirting with $120,000. Not shabby, if you ask me.

“The leverage shakeout,” Tom says, “is behind us,” which sounds like an old cowboy’s tale about surviving a dust storm. With that mess out of the way, Bitcoin’s got some legroom and maybe even a little swagger to gain. Sure, the economic weather might still throw in a few storms and the bankers might grumble, but the worst of the Bitcoin rodeo is, in Tom’s view, over.

And if you’re betting on Tom to play the long game, he’s still calling for Bitcoin to gallop up to $250,000 by the end of 2025. Ethereum isn’t being left in the dust either—he’s got it pegged somewhere between $5,000 and $6,000. Like a couple of dusty trailblazers heading out for glory.

With the world growing more suspicious of fiat paper promises, gold keeps on soaking up attention like a desert cactus drinks rain. Yet Tom sees Bitcoin as the digital sheriff stepping up to keep the peace—fancy, safe, and maybe a little wild. 🤠💰

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2025-04-23 11:07