\u201cI do think Bitcoin can make an all-time high by the end of January,\u201d said Tom Lee on CNBC on Monday. \u201cI\u2019m pretty bullish into December even with the first day being rocky,\u201d he said.<\/p>\n
The BitMine chairman added that a lot of it will depend on equities recovering<\/a>, which he expects, and a new Federal Reserve chairman \u201cwill help.\u201d<\/p>\n \u201cWhen people got worried about a Hawkish Fed \u2026 it hurts crypto models too, so if we have a Dovish Fed, that\u2019s really a tailwind.\u201d<\/p>\n Market losses accelerated when Fed chair Jerome Powell shed doubt on a December rate cut. However, the winds have changed, and CME futures markets now predict an 87.6% probability of a 0.25% cut on December 10.<\/p>\n Lee\u2019s comments<\/a> came as Bitcoin and crypto started the week deep in the red following another leverage flush out on Monday.\u00a0BTC tanked<\/a> to $84,000, also driven by fears over the end of the Yen Carry Trade as Japanese government bond yields hit multi-year highs.<\/p>\n Bitcoin and crypto have been disappointing when they got hit in October and again when the odds of a rate cut dropped, Lee continued. Markets haven\u2019t really recovered and are still reeling from the massive deleveraging event, which was \u201cnot that different from the wipeout that happened in 2022 with FTX \u2026 that took eight weeks.\u201d<\/p>\n We\u2019re emerging from that, so maybe in a week or two, crypto has \u201cfully washed out,\u201d and that\u2019s when it starts to participate, he said.<\/p>\n \u201cWe see multiple tailwinds into year-end, including end of Fed\u2019s QT [quantitative tightening] and a December Fed cut,\u201d Lee tweeted after the interview. He added that fundamentals were solid, which sets up good risk\/reward opportunities.<\/p>\n Crypto prices have fallen relentlessly even as fundamentals, measured by wallets, onchain, fees or tokenizatio, have moved forward<\/p>\n So risk\/reward is attractive for $BTC<\/a> and $ETH<\/a> https:\/\/t.co\/yk6poVwSQ6<\/a><\/p>\n \u2014 Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) December 1, 2025<\/a><\/p>\n\n Lee\u2019s BitMine Immersion Technologies remains bullish on Ethereum, buying the dip on Tuesday, according to Arkham Intelligence. The firm scooped up another 7,080 ETH worth $19.8 million, it noted<\/a>.<\/p>\n The latest purchase brings the BitMine total to a whopping 3.73 million ETH worth $10.43 billion. It is more than 3% of the entire supply and 61.6% of the company\u2019s treasury target, reports<\/a> SER.<\/p>\n Ether prices had shown no signs of recovery and were hovering around $2,800 at the time of writing.<\/p>\n The post New Bitcoin All-Time High by January, Says Tom Lee<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u201cI do think Bitcoin can make an all-time high by the end of January,\u201d said Tom Lee on CNBC on Monday. \u201cI\u2019m pretty bullish into December even with the first day being rocky,\u201d he said. The BitMine chairman added that a lot of it will depend on equities recovering, which he expects, and a new […]<\/p>\n","protected":false},"author":0,"featured_media":117162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117161"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117161"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117162"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Recovery From Deleveraging<\/h2>\n
BitMine Buys The Dip<\/h2>\n