Tonix Pharmaceuticals stock halted ahead of FDA approval news
U.Today - Head of Funstrat Tom Lee has published a post on the X social media network, where he shared an ultra-bullish Bitcoin price prediction, hinting that he expects the world’s bellwether crypto’s price to reach a so-called “banana zone” at the end of this cycle.
Bitcoin to enter "banana zone"
Lee shared a tweet issued by Julien Bittel, the head of macro research at Global Macro (BCBA:BMAm) Investor. Bittel’s X post features an infographic, showing four Bitcoin cycles that began in 2011. The first three already finished, each of them reaching a “banana zone.” Each of those cycles included two correction phases. According to the chart, the current BTC cycle started in 2022, and Bitcoin is currently in the first correction phase.“Higher… much higher,” Bittel said in his tweet, while Tom Lee commented: “Bitcoin is the way.”
Tom Lee predicts Bitcoin to reach $150,000
Earlier this year, Tom Lee told CNBC that after a rebound toward $50,000 or $60,000, which would be a normal correction, BTC would resume growing and would reach $150,000. On May 22, the largest digital currency surged to reach an all-time high of $111,970 after the U.S. and China agreed on a 30-day “truce” in their trade war.Lee also revealed that he expects Bitcoin to catch up to gold. Back then, BTC was changing hands at about $78,000. Lee said that BTC had fallen there because institutions had sold everything they could sell, including stocks and Bitcoin. After that, he believed, Bitcoin had a lot of space for upward movement, expecting it to catch up with gold in terms of price growth.
Saylor calls Bitcoin "only money"
Michael Saylor, founder of Strategy and a Bitcoin permabull, has published a photograph of himself meeting the Winklevoss twins at the recent Bitcoin 2025 annual event. In this photograph, the founders of the Gemini crypto exchange presented a Gemini Bitcoin Credit Card to him.Saylor accompanied his tweet with a caption, saying “Bitcoin is money. Everything else is credit.” This comment highlights the attempts of Gemini to integrate BTC into everyday spending since this card allows users to receive Bitcoin rewards for spending fiat money from it.
Tyler Winklevoss stated in his tweet that Saylor’s card contains “the whale limit,” hinting at Strategy’s huge Bitcoin acquisitions.