Bitcoin’s “Banana Zone”: Will It Really Go Bananas? 🍌💰

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In the grand theater of financial speculation, where the actors are often masked in the garb of bravado, Tom Lee, the esteemed head of Funstrats, has taken to the stage of the X social media network. With a flourish befitting a bard, he has unveiled a prediction so audacious that it could make even the most stoic of investors chuckle. He suggests that Bitcoin, that capricious creature of the digital realm, is poised to ascend to what he whimsically dubs the “banana zone” by the end of this cycle. 🍌

Bitcoin to enter “banana zone”

In a delightful twist of fate, Lee shared a tweet from Julien Bittel, the head of macro research at Global Macro Investor, who has evidently donned the robes of a seer. Bittel’s post, adorned with an infographic, chronicles four Bitcoin cycles that began their dance in 2011. The first three cycles, like well-rehearsed actors, have already concluded, each reaching the fabled “banana zone.” Each of these cycles, mind you, was punctuated by two correction phases—because what is a good story without a bit of drama?

“Higher… much higher,” Bittel proclaimed, while Lee, with the confidence of a man who has just discovered the secret to eternal youth, declared: “Bitcoin is the way.”

Bitcoin is the way
👇

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) May 27, 2025

Tom Lee predicts Bitcoin to reach $150,000

Earlier this year, in a moment that could rival the most thrilling of cliffhangers, Tom Lee confided to CNBC that after a brief dalliance with the $50,000 or $60,000 mark—a mere correction, he assures us—Bitcoin would resume its meteoric rise, ultimately reaching the lofty heights of $150,000. On May 22, the digital currency soared to an all-time high of $111,970, following a 30-day “truce” in the trade war between the US and China. Who knew that international diplomacy could be so profitable?

Lee further mused that Bitcoin might one day catch up to gold, that ancient relic of wealth. At the time, BTC was trading at around $78,000, having taken a tumble as institutions sold off their assets like a yard sale gone awry. Yet, Lee remained optimistic, believing that Bitcoin had ample room for upward movement, ready to challenge gold in the arena of price growth.

Saylor calls Bitcoin “the only money”

Meanwhile, in another corner of this grand spectacle, Michael Saylor, the founder of Strategy and a self-proclaimed Bitcoin permabull, shared a snapshot of himself with the Winklevoss twins at the Bitcoin 2025 annual event. In this charming tableau, the founders of the Gemini crypto exchange presented Saylor with a Gemini Bitcoin Credit Card, a token of their shared enthusiasm for the digital currency.

Saylor, ever the poet, accompanied his tweet with the proclamation: “Bitcoin is money. Everything else is credit.” A statement that, while perhaps a touch hyperbolic, underscores Gemini’s efforts to weave Bitcoin into the fabric of everyday spending, allowing users to earn Bitcoin rewards for their fiat expenditures. Because who wouldn’t want to earn digital gold while buying their morning coffee?

Bitcoin is money. Everything else is credit.

— Michael Saylor (@saylor) May 28, 2025

Tyler Winklevoss chimed in, hinting at Saylor’s card containing “the whale limit,” a playful nod to Strategy’s substantial Bitcoin acquisitions. Ah, the world of cryptocurrency, where fortunes are made and lost faster than one can say “blockchain.”

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2025-05-28 13:24