At the Binance Blockchain Week event, Mr. Tom Lee made some notable comments about the financial and cryptocurrency markets. According to him, the four-year cycle model of Bitcoin, which many investors have trusted, will no longer be suitable in the upcoming period.
In addition, Tom Lee predicts that the S&P 500 index of the U.S. stock market will record positive growth in the coming year.
Regarding the crypto market, he expressed optimism by stating that $BTC could completely reach the milestone of 300,000 USD, while $ETH has the potential to rise to 20,000 USD in the following year if market conditions are favorable.
BTC
92,379.98
+2.50%
ETH
3,254.56
+1.72%
