Market Outlook and Federal Reserve Influence
Fundstrat co-founder Tom Lee has expressed optimism regarding Bitcoin's future, stating that the cryptocurrency has not yet reached its peak. He anticipates a new all-time high by January 2026, contingent on the Federal Reserve's pivot from quantitative tightening (QT).
Despite a downturn experienced in November, Lee forecasts a recovery for Bitcoin (BTC), predicting it will "make a new all-time high by January." This prediction was shared during an appearance on CNBC, where Lee noted that "today is the day that QT ends," referring to the Federal Reserve's quantitative tightening program.
Lee's optimism is partly based on historical precedent. He pointed out that when the Fed paused QT in September 2019, markets experienced a significant rally of 17% within just three weeks. If this pattern repeats, Bitcoin could be poised for a substantial upward movement.
Looking ahead to December, Lee expects a renewed investor interest in Bitcoin as the Federal Reserve shifts its stance. He described this shift as a "tailwind" that will benefit both Bitcoin and the broader equity markets.
"I don’t think the Bitcoin high is in place," Lee reiterated, underscoring his belief in further price appreciation.
Bitcoin's Potential Trajectory and Analyst Sentiment
Leading cryptocurrency analysts maintain a bullish outlook on Bitcoin, even as it currently trades just above $86,700, marking a decline of over 21% from the previous month.
Lee specifically maintains that Bitcoin will surpass the significant psychological milestone of $100,000 by the end of the current year.
Furthermore, he projects that Bitcoin will ultimately reach its all-time high in 2026, with the potential to reach $200,000. Lee cited several factors supporting this forecast, including anticipated Federal Reserve interest rate cuts and the increasing demand from institutional investors in the United States and globally.
📢 TOM LEE SAYS BITCOIN IS ON TRACK FOR $100K THIS YEAR
— COACHTY (@TheRealTRTalks) November 28, 2025
Tom Lee believes it’s “very likely” that $BTC will break above $100,000 before year end, and he even sees a shot at a new all-time high within the next month.
Positioning is tight. Liquidity is turning. Momentum is… pic.twitter.com/fKGSZIkfIZ
Tom Lee's Role in the Crypto Industry
Tom Lee has established himself as a notable figure in the cryptocurrency space through his involvement with BitMine. As the chairman of the company, he has overseen its growth to become the largest holder of Ethereum (ETH).