Tom Lee Predicts Bitcoin’s Meteoric Rise by January-And We’re All Just Watching 🤯💸

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“I do believe that Bitcoin may well reach an all-time high by the conclusion of January,” quoth the ever-confident Tom Lee on CNBC this past Monday. “I remain decidedly optimistic for December, despite the rather rocky start,” he added, with an air of cheerful indifference to the unpredictability of markets. 🧐

The chairman of BitMine proceeded to enlighten us all with the wisdom that much of this success shall hinge upon the recovery of equities, which he is most assuredly expecting, and the benevolent appointment of a new Federal Reserve chairman-“a most welcome event,” he remarked, as though we were all awaiting an old friend’s arrival.

“When people fret over a Hawkish Fed… it certainly stirs up a good deal of trouble for crypto models, too. But should we find ourselves with a Dovish Fed, well, that’s the wind beneath the wings of our dear crypto!”

The market, not content with its regular drama, saw losses deepen when Fed chair Jerome Powell cast doubt upon a potential December rate cut. However, as all tales of woe tend to have a silver lining, the tides appear to have turned, with CME futures now forecasting an 87.6% likelihood of a 0.25% rate cut by December 10. 🍀

Recovery From Deleveraging? Oh, the Drama!

Lee’s sagacious commentary was delivered as Bitcoin and its crypto companions found themselves once again in the red, deep in the pit of another leverage purge on Monday. BTC, in a dramatic swoon, tumbled to a mere $84,000, spurred on by fears of the end of the Yen Carry Trade as Japanese government bond yields soared to new heights. 😬

Bitcoin and crypto have not been particularly charming of late, taking a hit in October, then once more when the odds of a rate cut were diminished. “Markets, poor things, have not really recovered. They are still reeling from the catastrophic deleveraging event, which, dare I say, bore a striking resemblance to the wipeout of 2022, courtesy of FTX. That debacle, mind you, took a full eight weeks to recover from,” he continued with the candor of one who’s seen it all. 🙄

But fret not! We are, apparently, emerging from this dismal period, and perhaps in a mere week or two, crypto will be “fully washed out,” poised for the promised renaissance. One can only hope. 🤞

Lee continued, “We shall see multiple tailwinds heading into the year’s end, including the conclusion of the Fed’s Quantitative Tightening and, most importantly, a December Fed cut.” He concluded his analysis with the utmost assurance that the fundamentals remain strong, promising a delightful risk/reward scenario for investors. 💰

“Crypto prices have been falling relentlessly, yet the fundamentals-wallets, on-chain activity, fees, tokenization-continue to march forward. Therefore, the risk/reward for $BTC and $ETH is positively irresistible,”

– Thomas (Tom) Lee (not the drummer) FSInsight.com (@fundstrat) December 1, 2025

BitMine, Ever the Optimist, Buys the Dip (Because Why Not?)

In a move that surely defies all logic (or perhaps not), Lee’s BitMine Immersion Technologies remains steadfast in its bullish outlook for Ethereum, even going so far as to purchase more on Tuesday, according to Arkham Intelligence. The company graciously acquired an additional 7,080 ETH, worth a delightful $19.8 million. 🤑

This latest acquisition brings BitMine’s total holdings to a staggering 3.73 million ETH, valued at an eye-watering $10.43 billion. This represents more than 3% of the total supply and an impressive 61.6% of the company’s treasury target, according to reports from SER. It seems BitMine’s strategy is less ‘play it safe’ and more ‘go big or go home,’ as they say. 😏

Ether, for its part, had not exhibited any miraculous recovery and was languishing around $2,800 at the time of writing, though I daresay that’s hardly a concern for those with such ample resources at their disposal.

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2025-12-02 10:15