Tom Lee, Chairman of BitMine, has predicted that the Bitcoin (BTC) and crypto correction is over. Lee posted on X that the recently escalated fear by Venture Capital has marked the bottom for crypto correction, hence signaling a market reversal ahead.
His crypto market’s reversal thesis is backed by money, whereby BitMine purchased $150 million worth of Ethereum (ETH) on Wednesday, December 4. The crypto investor used the theory that the capitulation of whale investors was the last signal of a correction bottom.
JPMorgan is Cautious about the Midterm Bitcoin Outlook amid Influence by Strategy
On Wednesday, JPMorgan reminded crypto investors that the Bitcoin price will be influenced negatively if Strategy sells its holdings. The bank said that Strategy must ensure that its enterprise value-to-Bitcoin holdings ratio must hold above 1.0, which currently stands at 1.13.
Strategy has a $1.44 billion cash reserve to ensure its debts are fully serviced. The company has since reduced its ambitious Bitcoin accumulation, whereby it added 9,062 tokens last month compared to 134,480 a year ago during the same month.
The company has protected its Bitcoin holdings ms with a sophisticated method, which involves leveraging the digital credit.
Main Reasons BTC will Lead Crypto Debound Soon
According to Alice Liu, Head of Research at CoinMarketCap, during the Binance week in Dubai, the crypto market will record a comeback in the first quarter of 2026.
“We are going to see a market comeback in Q1 of 2026. February and March will be a bull market again, based on a combination of macro indicators,” Liu stated.
The rising global money supply, catalyzed by the Fed’s end of its Quantitative Tightening and declining lending rates will eventually increase crypto liquidity.
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