Tom Lee says bitcoin has not peaked, calls for new all-time high by January 2026
Summary
Fundstrat Global Advisors co-founder Tom Lee stated that Bitcoin has not yet peaked and reiterated his prediction that it could reach a new all-time high by the end of January 2026, despite missing his previous year-end target. Lee anticipates 2026 will be a volatile year characterized by institutional rebalancing in the first half, which will set the stage for a significant rally in the latter half. He is also highly bullish on Ethereum, viewing it as "dramatically undervalued" and entering a multi-year supercycle similar to Bitcoin's 2017–2021 run, prompting his firm, Bitmine, to acquire more ETH. Beyond crypto, Lee offered an aggressive equity forecast, projecting the S&P 500 to reach 7,700 by the end of 2026, supported by resilient corporate earnings and AI-driven productivity gains.
(Source:CoinDesk)