Overview
- Lee reiterated that bitcoin has not peaked and said a new all‑time high is possible by the end of January after a late‑2025 pullback from October’s record above $126,000 to roughly $88,500 at year‑end.
- He described 2026 as a year of two halves, with near‑term volatility driven by portfolio resets and a more constructive backdrop later in the year.
- He argued Ethereum is dramatically undervalued and entering a multi‑year upswing, noting his firm Bitmine Immersion Technologies now holds about 4.14 million ETH.
- He projected the S&P 500 could reach 7,700 by the end of 2026, citing resilient earnings and AI‑driven productivity gains.
- Coverage noted his recent misses on aggressive price targets for bitcoin and ether in 2025, framing his renewed calls as high conviction but not guaranteed.