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Tom Lee: The four-year cycle model of Bitcoin has been broken, but a 50% fall may still occur.
On October 25, Tom Lee stated during an interview with crypto entrepreneur Anthony Pompliano on Thursday: “I am convinced that Bitcoin will experience a 50% fall. A 25% fall in the stock market is becoming more frequent, and over the past six years, the stock market has made significant progress; we have experienced an unusually large-scale 25% fall, so if the S&P index drops by 20 points, Bitcoin could drop by 40 points.” Tom Lee also mentioned that Bitcoin has broken its typical four-year cycle, indicating that a “longer cycle” is forming.