Crypto
Tom Lee says bitcoin could hit record high this month, ethereum enters supercycle
Tom Lee, co-founder of Fundstrat Global Advisors and chairman of BitMine Immersion Technologies, says bitcoin has not yet peaked and could set a new all-time high by late January 2026. He says early 2026 could be difficult due to institutional repositioning but would lay the groundwork for a second-half rally. Lee also says ethereum is entering a multi-year “supercycle” and says he has increased holdings through BitMine. He also projects the S&P 500 could reach 7,700 by end-2026.