The post ‘Crypto is bottoming now’: Why Fundstrat’s Tom Lee expects a rebound appeared on BitcoinEthereumNews.com.

Top analysts are split on the way forward for the crypto market.  In a recent interview with CNBC, Fundstrat’s Tom Lee remained confident that the crypto market could see a relief rally. Lee, who also doubles as the chairman of the world’s largest Ethereum treasury firm BitMine Immersion, said everything was in place for the crypto market to bottom.  “Tom deMark, BitMine crypto advisor, has been waiting for time and price to align, $77K for BTC and $2400 for ETH. So all the pieces are in place for crypto to be bottoming right now. As long as crypto fundamentals are good, recovery should be in place.” Source: X/Tom Lee  According to him, the decline in crypto was expected following the announcement and confirmation of the Fed’s new chair. But he added that the extent of the crypto market sell-off was “more than expected,” noting that it had no ‘leverage’ right after the October 10 de-leveraging event.  Galaxy foresee’s extra dip for BTC BTC dropped 11% last week, falling from $90K to $75K. It bounced back slightly to $78K at the time of writing. For Galaxy’s head of research, Alex Thorn, however, the crypto asset could post more losses due to ‘lack of near-term catalysts.’ In a recent note to clients, Thorn wrote,  “Onchain data, weakness at key price levels, macro uncertainty, and a lack of near-term catalysts suggest BTC will trade lower towards the 200-week moving average over the next weeks or months.” Source: Galaxy Research Currently, the 200-week Moving Average (MA) sits around $50K, and Thorn added that this level has been a key buying area in the past.  “If Bitcoin falls lower towards the 200-week moving average or the realized price, these levels should present strong entry points for long-term investors as they have in the past.” Interestingly, some…

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Filed under: News - @ February 4, 2026 4:18 am