Tom Lee, Chairman of BitMine, has predicted that the Bitcoin (BTC) and crypto correction is over. Lee posted on X that the recently escalated fear by Venture Capital has marked the bottom for crypto correction, hence signaling a market reversal ahead.
His crypto market’s reversal thesis is backed by money, whereby BitMine purchased $150 million worth of Ethereum (ETH) on Wednesday, December 4. The crypto investor used the theory that the capitulation of whale investors was the last signal of a correction bottom.
On Wednesday, JPMorgan reminded crypto investors that the Bitcoin price will be influenced negatively if Strategy sells its holdings. The bank said that Strategy must ensure that its enterprise value-to-Bitcoin holdings ratio must hold above 1.0, which currently stands at 1.13.
Strategy has a $1.44 billion cash reserve to ensure its debts are fully serviced. The company has since reduced its ambitious Bitcoin accumulation, whereby it added 9,062 tokens last month compared to 134,480 a year ago during the same month.
The company has protected its Bitcoin holdings ms with a sophisticated method, which involves leveraging the digital credit.
According to Alice Liu, Head of Research at CoinMarketCap, during the Binance week in Dubai, the crypto market will record a comeback in the first quarter of 2026.
“We are going to see a market comeback in Q1 of 2026. February and March will be a bull market again, based on a combination of macro indicators,” Liu stated.
The rising global money supply, catalyzed by the Fed’s end of its Quantitative Tightening and declining lending rates will eventually increase crypto liquidity.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Cardano’s ADA is now trading near $0.44 as the network prepares for its biggest update…
In a latest development for the crypto industry, the U.S. Commodity Futures Trading Commission (CFTC)…
Pi Network has been making headlines again, with new partnerships, strong community debates, and rising…
A surprising political decision in Italy has triggered new discussions about Europe’s financial future and…
Bitcoin is preparing for another potential bounce on the charts, just as fresh U.S. labor…
After the successful launch of the first US spot XRP ETF, inflows have already near…
