Tom Lee Sees Bitcoin Rallying to $150,000 in Fourth Quarter
Fundstrat co-founder Tom Lee said Bitcoin’s move into six-figure territory does not mean the trade is crowded, arguing that direct cryptocurrency ownership remains limited. Broader participation by institutions and retail investors could therefore provide further upside for an asset with constrained supply, while a sustained Bitcoin advance would likely lift sentiment and valuations across the wider digital-asset market.
Lee expects cryptocurrencies to enter a breakout phase in the fourth quarter and sees Bitcoin reaching as high as $150,000. He cited several potential catalysts, including the conclusion of the traditional four-year crypto cycle, renewed capital flows from South Korea and regulatory momentum surrounding the U.S. CLARITY Act. Lee said many investors have yet to gain exposure, making further gains beyond $100,000 achievable.
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The history behind this eventTom Lee Says Bitcoin Close Above $76,000 in May Would Confirm New Bull Market
After bitcoin’s price correction and a broader market deleveraging, investors continue to watch for signs that the “crypto winter” has ended. Fundstrat co-founder Tom Lee sees the monthly close as a key trend-confirmation signal. Holding above the crucial level could indicate a recovery in both investor confidence and risk appetite.
Lee told the Consensus 2026 conference that a bitcoin close above $76,000 on May 31, 2026, would confirm a new bull market. He said asset tokenization and AI financial agents would be key drivers, and predicted that crypto-native financial institutions could surpass traditional banks within the next decade.
Bitcoin Tops $73,000 as Tom Lee Says US Stocks May Have Bottomed
Risk appetite for Bitcoin and US stocks is recovering, with markets watching whether capital will rotate back into growth assets. Fundstrat founder Tom Lee said war and rising oil prices may not necessarily weigh on corporate earnings and could instead benefit US growth stocks, making the crypto rebound an important sign of improving market sentiment.
In the latest July trading, Bitcoin climbed above $73,200 to a recent high, while Ethereum surpassed $2,200. The sharp rally liquidated nearly $191 million in futures short positions over the past 24 hours. Lee said during the same period that US stocks may have bottomed this month, with market pricing shifting in a direction favorable to corporate earnings.
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