Tom Lee projects $250,000 for Bitcoin as the price drops: what is he seeing that the market isn’t

Source: CritpoTendencia Original Title: Tom Lee projects $250,000 for Bitcoin while the price falls: what is he seeing that the market isn’t Original Link: Bitcoin has seen nearly a 20% pullback over the past 90 days and has returned to around $89,000, according to CoinMarketCap data. The 3.49% drop in the past 24 hours reflects a tired market, with negative sentiment and a landscape that, at first glance, seems incompatible with any bullish narrative.

However, at Dubai Blockchain Week, Tom Lee offered a completely different perspective: he stated that Bitcoin could reach $250,000 and Ethereum could climb to $62,000, also claiming that the market “probably already bottomed out.”

The price shows weakness, but the structure tells a different story

At first glance, Lee’s prediction seems to completely contradict the current price behavior. But that contrast is precisely the main point: long-term projections don’t come from the daily chart, but from the market structure.

While most are watching red candles, macro analysts study flows, available supply, and institutional movements—not the short-term emotional reaction.

What Lee is interpreting isn’t the 19% drop, but the surrounding context: steady flows to regulated custodians, corporate restructuring like SpaceX’s recent transfer of 1,083 BTC, an ever-shrinking supply on exchanges, and lower overall liquidity.

When these signals combine, the drop stops being a bearish warning and starts to look like a quiet reacumulation phase, where strong players are repositioning without depending on retail sentiment.

Faster cycles, stronger flows, and a market that no longer reacts the same

Add to this a key dynamic of this market stage: cycle compression. Pullbacks are shorter, rebounds more explosive, and the transition between phases happens faster than in previous cycles.

Lee’s predictions are based on the idea that market structure—not the daily price—indicates the current correction could be part of setting up for a significant new move.

The pullback doesn’t contradict a bullish outlook. For a structural analysis, it may even be a prerequisite. The combination of institutional flows, reduced supply, and a more regulated ecosystem creates a scenario where small signals can trigger big moves.

In short, the price drop is just a data point, not necessarily a diagnosis. The real diagnosis comes from the forces operating behind the market: who is accumulating, who is adjusting positions, and which players are entering when the public perceives weakness. That’s why Lee projects $250,000—not because the chart says so, but because the market’s architecture suggests transition, not collapse.

In crypto, history proves it time and again: price reacts; flows anticipate.