Tom Lee, head of BitMine, the largest Ethereum treasury company, and co-founder of Fundstrat, expects Bitcoin to reach a new high this year.
Tom Lee, appearing on The Master Investor Podcast, predicted that Bitcoin and cryptocurrencies would experience a decline early in the year, but would then show a strong recovery.
At this point, Lee warned investors that due to geopolitical tensions and unfavorable macroeconomic factors, they should be prepared for a sharp decline in both the cryptocurrency and stock markets in 2026.
However, he added that a strong recovery could be seen towards the end of the year.
“I think 2026 will be similar to 2025 in terms of positive trends for the cryptocurrency sector. However, tariffs and political divisions could prevent Bitcoin and the crypto market from experiencing a sustainable rise initially.”
Lee, also known as a big bull in the market, said that after the recent declines, Bitcoin could reach a new all-time high towards the end of the year.
Lee added that this ATH would signal a full recovery from the shock of the massive leveraged liquidations last October.
Lee also stated that the recent divergence between cryptocurrencies and gold stems from repeated delegitimization cycles that weaken market makers. He noted that these cycles periodically disrupt the market and severely negatively impact market makers, whom he described as the “central bank of cryptocurrencies.”
Lee concluded by adding that this instability could continue until corporate participation expands.
*This is not investment advice.
