The Bitcoin to 25K by Year End Call and Managing Expectations

So after Tom Lee's rather unfounded call about a Consensus sparked bitcoin rally failed to materialize, he has said he still believes Bitcoin will reach 25k by year's end.

Managing Expectations

25K isn't even a bold call compared to some others. 50K is thrown around by alot of talking heads as well.

In the video below I take a look at BTC and ETH and also talk expectations to try and put some things into perspective.

For instance, if we finished the year in the 12-13K area - you realize that would be a 40-50% return form current prices. That is a pretty sizeable return in ANY investment.

It is also worth noting that the high for the new year to the low is roughly 7k points. If the second half of the year replicates that to the upside we are talking 15K. Getting back to the all time highs may take a little time in the end.