⸺ Bull case · January 5, 2026 ⸺
Tom Lee
Head of Research, FundstratInvestor
“If bitcoin gets to $200,000 or $250,000, it would be breaking the four-year cycle.”
Price at the call
$93,871
Today
$61,577
Target · end of 2026
$250K
Boldness of the call×2.66
Progress to target0.0%
Needs another ×4.1 from today’s $61,577.
If you’d listened
×0.66
-34% since the call
Annualized audacity
166%/yr
required return per year
Skin in the game
48/100
Fundstrat research; a vocal but desk-bound bull.
Wall Street's most consistently bullish strategist on Bitcoin, with one of the boldest near-term institutional calls. His targets have repeatedly overshot — the 2025 $200k+ call missed as BTC ended the year below $90k.