Old Tom Lee – a chap who spends his days staring at blinking lights and muttering about âon-chain activityâ (sounds dreadful, doesnât it?) – has been flapping his gums on something called CNBCâs âSquawk Box.â Apparently, he thinks Bitcoin is about to go absolutely bonkers. Bonkers, I tell you! đ€Ș
He reckons things are looking up thanks to the world not being quite as horribly expensive as it was a moment ago. And, get this, someone, somewhere, is actually buying the stuff again. He calls this ârenewed on-chain activity.â What it actually means, I havenât the foggiest, but it sounds terribly important.
Bitcoinâs Momentum Could Explode Into 2026 (Maybe)
Now, Lee – and I use the name loosely, sounds like a leaky faucet to me – is predicting that Bitcoin could zoom up to a frankly ridiculous $150,000 to $200,000. Honestly, thatâs enough money to buy a small island⊠or a lot of toffee apples. He says thereâs more Bitcoin than there are people wanting to sell it, which, when you think about it, is rather odd. Plus, some bigwig companies are sniffing around. It’s all rather exciting, isn’t it? âš
And Ethereum, thatâs Bitcoinâs slightly posher cousin, could apparently go all the way to $7,000. Lee seems to think everyone is finally realizing that this crypto business might actually stick around. âFundamentals are improving,â he says. What are fundamentals? Sounds like something youâd find in a science experiment.
Market Fundamentals Back the Bull Case (Supposedly)
Some clever-clogs at Fundstrat (a name that sounds suspiciously made up) have noticed a lot of digital rumblings. People are shuffling digital money around like cards in a sneaky card game. And the machines that keep this whole thing running are earning more than a sweetshop on a Saturday. Theyâre calling it proof that people are starting to like the idea of this digital fiddly-diddly. đ§
Lee also noticed that companies involved in all this crypto tosh are doing rather well. This, he says, means the grown-ups are starting to take notice. He even reckons October’s massive sell-off was a ‘necessary reset’, like a good thump on the head to make things clearer. Honestly!
Inflation Eases, Opening the Door for Fed Rate Cuts (Perhaps)
Anyway, Lee blathers on about inflation (the thing that makes your pocket money feel like Monopoly money) going down. He says if things calm down, the people in charge of money might start making it easier to borrow, which would be jolly good news for everyone⊠especially those who like buying digital whatsits. đ°
Apparently, investors are feeling âconfident.â Confidence? In this economy? Still, Lee suspects that this good feeling will stretch to other things too, like normal shares and stuff.
A Broader Rally Across Asset Classes (We’ll See)
He thinks the whole world of financial things will perk up before the year is out, with shares going up and general optimism reigning supreme. Though, he does admit things might wobble a bit. But, he says, any wobbles will just be chances to buy more! Buy more, I tell you! đ
Long-Term Vision: Institutional Adoption and AI Integration (Oh Dear)
Looking even farther ahead, Lee thinks robots and blockchain will become best friends. He points to companies getting involved and clever computer programs analyzing the digital goings-on. He believes Bitcoin and Ethereum are becoming⊠mature. Mature! Like a sensible old boot. đ„ż
So, if heâs right, this whole crypto business might just become a proper part of the financial world. Though, frankly, I still donât understand it.
Please note: This article is for a giggle, not for serious investment advice. Donât go chucking your life savings at digital tokens just because some chap named Tom Lee said so. You’ve been warned!
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2025-11-04 08:04