Tom Lee Bitcoin Prediction 2026: New ATH Expected in Jan as S&P 500 Targets 7,700

Bitcoin's peak isn't here yet. Tom Lee, co-founder of Fundstrat Global Advisors, expects a new all-time high by the end of January 2026. Despite a late-2025 pullback, Lee's bullish stance remains unshaken, positioning this month as a critical breakout period for the entire crypto market.

Tom Lee Bitcoin Prediction 2026: The January Breakout

According to Lee, the recent price dip is merely a "strategic reset." While Bitcoin (BTC) hit an all-time high of $123,233 in October 2025 before retreating to around $88,500 by year-end, he believes the momentum is shifting back. "We should not assume that the prices... have already peaked," Lee stated during a CNBC appearance, doubling down on his forecast for a record-breaking January.

Ethereum Supercycle and the S&P 500's Path to 7,700

Lee's optimism extends beyond Bitcoin. He described Ethereum (ETH) as "dramatically undervalued," suggesting it's entering a supercycle similar to Bitcoin's legendary 2017–2021 run. His firm, Bitmine Immersion Technologies, has already accumulated 4.14 million ETH, signaling deep institutional conviction.

For equity markets, Lee projects the S&P 500 to reach 7,700 by the end of 2026. This aggressive target is supported by resilient corporate earnings and AI-driven productivity gains that continue to defy bearish expectations.