
‘Bitcoin Is The Way,’ Expert Tom Lee Says, Expecting Massive Price Surge
Fundstrat’s Tom Lee believes Bitcoin to skyrocket much higher in this cycle than where it is currently sitting[...]
Bitcoin Predicted to Reach "Banana Zone" as Crypto Cycle Continues
Tom Lee, Head of Research at Fundstrat, has shared an ultra-bullish Bitcoin price prediction on social media platform X. He anticipates the cryptocurrency will enter what he calls the "banana zone" by the end of this market cycle.
Lee referenced a tweet from Julien Bittel, Head of Macro Research at Global Macro Investor, which featured an infographic comparing Bitcoin's four major cycles since 2011. The graphic shows the first three cycles reaching the "banana zone" after two correction phases. The current cycle, beginning in 2022, is currently in its first correction phase, with Bittel simply stating: "Higher... much higher."
Earlier this year, Lee told CNBC that after a rebound to $50,000-$60,000 - which he considers a normal correction - Bitcoin would resume its upward trajectory toward $150,000. On May 22, Bitcoin surged to an all-time high of $111,970 following a 30-day trade war "truce" between the US and China.
Lee also expressed his belief that Bitcoin will eventually catch up to gold's market position, noting significant upside potential after institutional investors had liquidated various assets including stocks and Bitcoin.
Gemini Introduces Bitcoin Credit Card
Michael Saylor, founder of MicroStrategy and prominent Bitcoin advocate, recently shared a photo from the Bitcoin 2025 conference featuring himself with Gemini founders the Winklevoss twins. The image shows the twins presenting Saylor with Gemini's new Bitcoin Credit Card.
Saylor captioned the post: "Bitcoin is money. Everything else is credit," emphasizing Gemini's initiative to make Bitcoin more accessible for everyday transactions. The card allows users to earn Bitcoin rewards when spending traditional currency.
Tyler Winklevoss hinted that Saylor's card carries "the whale limit," a playful reference to MicroStrategy's massive Bitcoin holdings.