Tom Lee Predicts Multi-Million Dollar Bitcoin Surge Following Gold's Stellar Performance
Tom Lee of Fundstrat Global Advisors predicts that Bitcoin (BTC) will experience a significant surge, potentially reaching a long-term value between $1 million and $3 million, following recent gains in gold. Bitcoin has also moved out of the "extreme fear" zone in market sentiment gauges, currently in the "fear" zone with a score of 20.
Key Insights
Gold's 2025 Performance: Gold surged over 60% in 2025, reaching a price of around $4,387.93 per ounce as of early January 2026, marking its strongest annual performance in decades due to interest rate cuts and safe-haven demand.
Bitcoin's 2025 Performance: In contrast to gold's stellar year, Bitcoin experienced a more volatile 2025, ending the year with a roughly 7.1% decline to close at $87,696 on December 31, 2025, after hitting an all-time high of over $126,198 in October.
Lee's Rationale: Lee's prediction is based on the belief that gold will rise first, and then Bitcoin will follow with a stronger increase, driven by factors like limited supply, increasing institutional adoption, and macroeconomic trends.
Market Sentiment: The Crypto Fear & Greed Index moved from "extreme fear" into the "fear" zone this week (a score of 20 as of January 2, 2026), indicating an easing of panic among investors, though caution remains prevalent.
Financial Overview
Metric Bitcoin (BTC) Gold
Current Price ~$89,382.30 ~$4,387.93/ounce
2025 Performance Down ~7.1% Up over 60%
Market Cap ~$1.75 Trillion ~$28.95 Trillion
All-Time High ~$126,277.05 ~$4,794.85/ounce
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