Tom Lee of Fundstrat Global Advisors predicted Bitcoin could reach a new all-time high by the end of January 2026. I don’t think bitcoin has peaked yet, Lee said. We were overly optimistic about achieving the high-water mark before December, but I do believe that bitcoin can hit a new all-time high by the end of January 2026. So, we should not assume that the prices of bitcoin, ethereum, or other cryptocurrencies have already peaked.
Lee predicted 2026 will be a volatile but ultimately constructive year for crypto markets. However, he warned of near-term turbulence driven by institutional repositioning before a stronger second half. Our belief is that Ethereum is dramatically undervalued, and we believe ETH is entering a supercycle similar to Bitcoin from 2017 to 2021.
In Monday’s appearance, he demonstrated his continued bullish ETH stance, with his crypto mining firm Bitmine Immersion Technologies acquiring more ether. Acquiring an asset that can appreciate by 10 times or more is a strategic necessity for any modern treasury, Lee said. Still, Lee framed any pullbacks as opportunity rather than warning. Lee was especially bullish on ether, arguing that the asset is entering a multi-year expansion phase reminiscent of Bitcoin’s 2017–2021 run.
Last year, he said ether would hit an all-time-high of $15,000 by December. This prediction was also a miss; the cryptocurrency’s highest price in 2025 was $4,830, and it traded at roughly $3,300 in December. The call comes after a late-2025 pullback across digital assets and positions January as a potential breakout month, a notable escalation in Lee’s long-running crypto bull case. Bitcoin ultimately hit an all-time high north of $126,000 in October 2025, well below Lee’s prediction, and traded at around $88,500 on Dec. 31, 2025, according to CoinDesk data.
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