Tom Lee: Expects Bitcoin to Reach $200-250K by Year-End, Ethereum Target at $1-1.2K

BlockBeats News, September 24th, according to The Block, BitMine Chairman Tom Lee stated during the 2025 South Korea Blockchain Week Impact Summit that he predicts Bitcoin will reach $200,000-250,000 by the end of the year, with Ethereum targeting $10,000-12,000.

「I am still bullish on Bitcoin, as it typically performs strongly in Q4, and the Fed's shift from hawkish to dovish is a positive factor.」 He added that this prediction aligns with Fundstrat's Chief Market Technician Mark Newton's target.

「The Ethereum-to-Bitcoin ratio should return to its historical average or five-year high,」 Lee analyzed, 「Based on a $250,000 Bitcoin, the year-end target range for Ethereum is $10,000-12,000.」 He expects Ethereum to surpass its previous high, with true price discovery occurring in the $12,000-15,000 range, emphasizing that 「this is far from Ethereum's peak.」