[Tom Lee Predicts Bitcoin Will Rise to $150,000–$200,000 by the End of January Next Year]
Tom Lee reiterated his bullish outlook, predicting that Bitcoin will rebound to between $150,000 and $200,000 by the end of January next year. Known for his bold and optimistic market forecasts, he previously predicted that Bitcoin would reach $3 million by 2030. He believes the long-term strength of retail investors will drive the market higher. Tom Lee's BitMine Immersion Technologies Inc. currently holds approximately $12 billion worth of Ether, accounting for 3% of the global total supply. However, as Ether has fallen about 40% from its August peak, the company's stock price has dropped about 50% over the past three months, facing paper losses.