The post Tom Lee and Bitwise Map Crypto’s Supercycle appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) has surged nearly 100x since Fundstrat recommended it near $1,000 in 2017, enduring six corrections exceeding 50% and three over 75%. Tom Lee, Fundstrat’s Chief Investment Officer, now points to Ethereum following a similar path. Meanwhile, Bitwise CEO Hunter Horsley notes that Bitcoin’s $1.9 trillion market cap remains relatively small compared to the hundreds of trillions in global assets. Sponsored Sponsored Tom Lee Makes the Case for Bitcoin and Ethereum’s Next Surge Tom Lee’s experience with Bitcoin goes back almost a decade, anchored by Fundstrat’s early call around $1,000. According to the Fundstrat executive, the initial position has delivered roughly 100-fold returns despite intense corrections that shook investor confidence. Lee emphasizes that capturing such exponential gains requires enduring what he calls ‘existential moments, meaning times of pessimistic sentiment and major sell-offs. Bitcoin is a volatile asset. We first recommended Bitcoin to Fundstrat clients in 2017 (1%-2% allocation)– Bitcoin 2017 ~$1,000 Since then (past 8.5 years), $BTC:– 6 declines > -50%– 3 declines > – 75% 2025, Bitcoin 100x from our first recommendation TAKEAWAY: To have… pic.twitter.com/xtIRGLdnWM — Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) November 16, 2025 As of this writing, Bitcoin’s market capitalization was approximately $1.91 trillion. The broader cryptocurrency market reached $3.23 trillion. Bitcoin (BTC) Price Performance. Source: BeInCrypto Yet, these numbers are small compared to traditional asset classes, highlighting the strong growth potential industry leaders often mention. Lee attributes current weakness in crypto to market makers facing balance sheet strain and forced sales. He argues these are technical, not fundamental, challenges within a large-scale supercycle. Sponsored Sponsored Against this backdrop, the Fundstrat CIO advises against leverage, noting it increases downside risk during periods of high volatility. Data on Coinglass shows that Bitcoin futures Open Interest is near 100,000, indicating new positions are opening and possibly…

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Filed under: News - @ November 16, 2025 6:30 pm