PANews reported on November 21st, citing Bloomberg, that despite the recent accelerated decline in the crypto market, Fundstrat co-founder and BitMine chairman Tom Lee still believes Bitcoin will reach $150,000-$200,000 by the end of January next year. He believes the long-term power of retail investors will continue to drive the market higher. He stated that those who failed to maintain a bullish view over the past decade "have consistently been wrong."

It is worth noting that Tom Lee made a similar assessment in September during the Impact Summit at Korea Blockchain Week 2025, when he predicted that Bitcoin would reach $200,000-$250,000 by the end of the year, and Ethereum would target $10,000-$12,000.