X @Wu Blockchain
Wu Blockchain·2025-11-02 06:43
Tom Lee: Bitcoin Cycle Is Lengthening, 50% Drawdowns Still PossibleIn an Oct 24 interview with Anthony Pompliano, Bitmine chairman Tom Lee questioned whether the "four-year cycle" still holds. He argued that when "everyone" expects a peak early next year, that consensus is unlikely to be right. Lee said ETF-driven institutional participation may be stretching the cycle — making price action smoother and more macro-sensitive — but volatility remains: "50% drawdowns may still occur."Source: https://t.co/TOfTV ...