Tom Lee: The analyst at our firm who correctly predicted "BTC would pull back to $60,000" believes one more dip will mark the bottom.
According to Odaily, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, stated in an interview with Decrypt that the market should be very close to the bottom. He noted that current market sentiment is extremely poor and price action is also weak. Fundstrat's advisory consultant Tom Demar has been saying since last November that BTC would fall toward $60,000. Initially, he believed ETH's bottom should be at $2,400, but if that level doesn't hold, it would bottom near $1,890. He thinks only one more dip is needed, which would mark the lowest point, meaning the market is now very close to the end of the decline. Previously, Fundstrat stated in its 2026 crypto strategy advice to internal clients that the market would see a significant correction in the first half of the year, with a BTC target price of $60,000 to $65,000; an ETH target price of $1,800 to $2,000; and a SOL target price of $50 to $75. However, Tom Lee himself has consistently stated publicly that both BTC and ETH will reach new all-time highs in January 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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