Tom Lee announced that according to his forecasts #Bitcoin it may reach new ATH by the end of January. It's a bold thesis, but it's worth looking at it in a broader context.

Lee has been known for years for his pro-market approach to Bitcoin. Some of his forecasts have been criticized for excessive optimism, but he cannot be denied one thing — he consistently points to the long-term fundamentals behind adoption $BTC , especially among institutional investors.
The key question is not whether Bitcoin can establish a new ATH, but what would have to happen for such a scenario to be realized. Capital flows, monetary policy, risk market sentiment, and the behavior of the largest market participants will be decisive. Forecasts themselves — even the most media-friendly ones — are not a catalyst for price movement.