Tom Lee Forecasts Bitcoin Rebound After 50% Crash: Ether Bottom Below $1,800 in Sight?
Is the Crypto Winter Over? Tom Lee’s Latest Take on BTC and ETH Prices
Bitcoin and Ethereum prices have taken a beating lately. BTC dropped over 50% from its October highs, marking the biggest correction since 2022. ETH is also struggling, hovering around $1,950 after slipping 3%. But top analyst Tom Lee sees a silver lining. In a recent keynote at Consensus Hong Kong 2026, the Fundstrat CIO urged investors to stop trying to time the exact bottom and start hunting for buy opportunities.
“You should be thinking about opportunities here instead of selling,” Lee said. His words come at a tense time for crypto markets, with BTC falling below $67,000 and giving back gains from last week’s crash lows near $60,000.
Why Crypto Prices Are Down: Blame It on Gold and Metals Volatility
Lee points to wild swings in metals markets as the culprit. In late January, gold’s market cap swung by trillions in one day. This sparked margin calls that hit risk assets like crypto hard. Bitcoin badly trailed gold through 2025, but Lee believes gold has now topped for the year.
Looking ahead, he predicts Bitcoin will outperform gold through 2026. This shift could spark a major BTC rebound, especially after such a deep drawdown.
Ethereum’s Path to Recovery: A Quick Dip Below $1,800?
For ETH, Lee draws on history. The token has seen repeated 50% drops since 2018, often followed by sharp rallies. Citing technician Tom DeMark, Lee suggests ETH might need to briefly fall below $1,800 to form a “perfected bottom“.
Once that happens, a stronger, more lasting recovery could kick in. With ETH at $1,950 now, traders are watching that $1,800 level closely.
Tom Lee’s Track Record: Hits and Misses on BTC Predictions
Lee isn’t shy about bold calls, but his recent ones have mixed results. In August 2025, he eyed $200,000 BTC by year-end. It peaked at $126,000 in October but closed December at $88,500. He then called for a new all-time high in January 2026—yet BTC hit $78,500 by month’s end.
- Pro: Lee’s long-term views often align with bull runs.
- Con: Short-term targets have overshot reality.
Still, his focus on macro trends like gold vs. BTC makes him a voice worth hearing in volatile times.
Market Context: Other Bulls Buying the Dip
Lee isn’t alone. SkyBridge’s Anthony Scaramucci is snapping up the BTC dip, dubbing Trump a “crypto President.” This sentiment echoes broader optimism despite the pain. BTC’s quick bounce from $60,000 to over $72,000 last weekend shows resilience.
What to Watch Next for BTC and ETH Prices
Key levels to monitor:
- BTC Support: $60,000 – Break below could test $50,000.
- ETH Bottom: Under $1,800 per DeMark’s signal.
- Gold Trends: If it keeps falling, BTC could shine.
- Macro Events: Fed moves and election vibes may lift risk assets.
Exchange news adds caution too. South Korea’s Bithumb admitted flaws leading to a $40 billion BTC transfer error—mostly recovered, but it highlights risks in crypto infrastructure.
Should You Buy the Dip Now?
Tom Lee’s message is clear: Shift from fear to opportunity. With BTC’s worst drop in years behind it and ETH nearing a technical bottom, 2026 could bring big gains. But crypto stays volatile—do your homework, manage risk, and never invest more than you can lose.
What do you think? Will BTC rebound past $100,000 soon? Drop your thoughts in the comments and subscribe for more BTC price news and ETH analysis.
