Tom Lee Warns of Potential 50% Bitcoin Price Drop

Analyst Tom Lee predicts a potential 50% decline in Bitcoin’s price, citing market volatility linked to stock markets and historical shifts in Bitcoin’s market cycle. This prediction comes as institutional adoption of the cryptocurrency rises, but also amidst concerns about Bitcoin’s stability amid broader market fluctuations. Lee’s views are based on his analysis with Anthony Pompliano, who drew parallels between Bitcoin’s volatility and a potential 25% stock market drop, highlighting historical patterns.