Fundstrat Research Director: BTC may reach the target of $200,000 to $250,000 by the end of the year

ChainCatcher news, according to CoinDesk, Fundstrat's research director and Bitcoin bull Tom Lee stated that as a volatile asset, Bitcoin has dropped 15% from its peak, which is a normal adjustment.

Glassnode data shows that Bitcoin's decline in this cycle has been relatively mild, around 15%-20%, much less than the 30%-50% declines seen during previous bull markets, indicating that the asset is becoming more mature.

Despite the short-term pullback, Lee still believes that Bitcoin will be one of the best assets in 2025 and remains optimistic about a year-end target of $200,000 to $250,000.