Bitcoin News
By Bruce Buterin
1 / 15
Why September Looks Different This Time. History gives Lee some cover here. In the ten U.S. midterm election years going back to 1986,…
2 / 15
Bitcoin at $150,000: Lee's Four Catalysts. Bitcoin sat near $78,875 at last check, up a modest 0.3% over 24 hours.
3 / 15
Jobs Data and Rate Hike Fears. There's one more piece Lee keeps coming back to: the upcoming jobs and inflation data.
4 / 15
Tom Lee thinks September fear is the trade. The Fundstrat strategist sees the current wave of market anxiety as a contrarian signal — one that could push stocks sharply higher…
5 / 15
Lee hasn't dropped his correction call entirely. But he's zeroed in on one date: the Federal Reserve meeting on September 15.
6 / 15
History gives Lee some cover here. In the ten U.S. midterm election years going back to 1986, stock market lows hit around September 2, on average, following declines of roughly…
7 / 15
But this year's got extra complications. Three Fed presidents backed a rate hike back in July.
8 / 15
Lee's base case is that all this anxiety converges into a 10% equity drop first. Short, sharp, painful.
9 / 15
If the selloff bleeds into October, he sees the S&P 500 potentially starting that month somewhere above 8,000, with a possible floor near 7,300. Not a collapse.
10 / 15
Bitcoin sat near $78,875 at last check, up a modest 0.3% over 24 hours. It's still roughly 37% below its October 2025 peak. Not exactly inspiring on the surface.
11 / 15
Lee doesn't see it that way. He thinks the past year's weakness in crypto came from forced selling — liquidations, deleveraging, funds blowing up — not from anything broken in…
12 / 15
He's got four specific things he's watching that could flip the script.
13 / 15
Related: Bitcoin Faces $9 Billion in Liquidations, Raising Concerns Over September Demand
14 / 15
First, crypto outperformed every other major macro asset class in Q3. That's not nothing. Second, Lee believes the four-year crypto cycle is approaching its end, which…
15 / 15
On top of those four, institutional crypto ETF inflows are climbing. Bigger players seem to be positioning. Lee reads that as smart money getting ready for a strong Q4.
The Currency Analytics
Want the full story?