Tom Lee, co-founder of Fundstrat Global Advisors, asserts that Bitcoin is poised to enter a bullish phase, with potential price targets exceeding $250,000 in 2025. Speaking to SkyBridge Capital CEO Anthony Scaramucci, Lee anticipates Bitcoin could reach $150,000 by replicating its performance from late 2023 to early 2024, a period which saw a 186% gain. Lee attributes these projections to Bitcoin's price cycles, particularly around block subsidy halving events, with the current cycle beginning to show favorable signs. Furthermore, he speculates that the upcoming US administration under Donald Trump may significantly boost Bitcoin's legitimacy by potentially accumulating Bitcoin as a strategic reserve, similar to the strategy employed by MicroStrategy. This optimistic perspective is mirrored by various commentators within the crypto community who are confident in Bitcoin's ongoing bull market.

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