Bitcoin Price ‘Oversold,’ Says Tom Lee, as Community Pushes Back Against His ATH Predictions
Fundstrat's Tom Lee called Bitcoin 'extremely oversold' and due for a bounce, despite community skepticism over his aggressive all-time-high price forecasts.Summary
Fundstrat Global Advisors co-founder Tom Lee stated that Bitcoin is "extremely oversold" based on its Relative Strength Index (RSI) dropping below 30, suggesting a historical pattern for a rebound. This assertion comes as the crypto community expresses growing skepticism toward Lee's consistently bullish, yet often premature, all-time-high price predictions, such as expecting $250,000 soon. While Lee's broader bullish thesis was validated when Bitcoin hit new highs in October 2025, the magnitude and timing of his specific forecasts have frequently been inaccurate. Furthermore, other analysts, like Valdrin Tahiri, suggest Bitcoin's technical structure remains bearish, predicting a potential drop to the $70,000–$72,000 range before a significant bounce.
(Source：CCN)