Bitcoin has experienced a rough start to 2025, with a downturn in response to global economic uncertainty and a move towards safer assets like gold. Despite this, Tom Lee of Fundstrat remains optimistic, predicting that Bitcoin could reach $150,000 by year-end. The recent decline is part of Bitcoin's natural market cycle, and Lee believes that the market could stabilize soon. He identifies the government's measures and new tariff policies as factors contributing to the downturn. Lee suggests that poor job data could initially cause panic but could also lead to the Federal Reserve cutting interest rates, which would benefit Bitcoin and stocks. While Bitcoin may briefly drop to $62,000, Lee is confident in a strong comeback and potential breakthrough of $150,000. Traders are watching the 200-day moving average as a crucial support level. The future outlook depends on economic data and the actions of the Federal Reserve.
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