“No One Loses Buying (Bitcoin) at $90K” Says Fundstrat

Fundstrat’s Tom Lee calls Bitcoin’s dip below $90,000 a prime buying opportunity for long-term investors, despite potential short-term corrections.

Bitcoin may have slipped below $90,000 recently, but Fundstrat’s Tom Lee sees it as a golden opportunity for investors. In a CNBC interview on January 13, Lee emphasized that “no one is going to lose money buying here at $90,000” if they take a long-term view. A correction to $70,000 or even $50,000 could occur, but Lee described this as typical for Bitcoin’s “hyper-volatile” nature, urging investors to “ride out” short-term price swings.

Inflation and Fed Moves Loom Large

Inflation concerns and the U.S. Federal Reserve’s tightening policies are creating near-term headwinds for Bitcoin. Markus Thielen of 10x Research warned that Bitcoin could dip to $69,000 if key resistance levels are breached. However, Lee pointed to January 15’s inflation data as a critical date for market direction.

Big Predictions amid Volatility

Despite the current turbulence, analysts like VanEck and Bitwise remain optimistic, forecasting Bitcoin prices between $180,000 and $200,000 by the end of 2025. According to Cointelegraph citing Coingecko data, Bitcoin rebounded to $94,650 after briefly dropping to $89,800, up 5.4% in just 11 hours. For investors, this could be the calm before the storm of gains.

At the time of writing, Bitcoin is sitting at $95,684.66.