Overview
- Fundstrat’s Tom Lee reiterates a forecast for a new Bitcoin all-time high in January 2026 and says a move above $100,000 this year is likely.
- In a CNBC interview, he argued QT is ending and highlighted 2019, when a QT pause preceded a 17% equity rally in three weeks.
- Bitcoin recently traded just above $86,700, more than 21% below its level a month earlier following a weak November.
- Other analysts see potential downside before any rebound, with Benjamin Cowen anticipating a December dip and Peter Brandt cautioning about a slide toward $58,000.
- Reports discuss unconfirmed odds that Kevin Hassett could replace Jerome Powell as Fed chair, a possibility framed as supportive for digital assets.