Tom Lee from Fundstrat predicts that Bitcoin could hit $3 million in the long run, considering its tight link to global liquidity trends and expectations of a dovish Federal Reserve in 2026.
Lee maintains a short-term target range of $150,000–$250,000 for 2025, highlighting the strength in Bitcoin's setup due to increasing liquidity and limited new supply.
In the long term, Lee envisions Bitcoin potentially matching or surpassing gold's total market value, suggesting a price target of $1.2 million to $3 million, exceeding gold's worth in the years to come.
Lee's optimistic outlook is based on Bitcoin's potential scarcity and global adoption, emphasizing that these high price targets are not immediate forecasts but reflect a multi-year perspective.