"Tom Lee's Miami Speech: Bitcoin Ending the Bear Market if It Closes Above $76k in May" (Author: Tom Lee, Translated by Wu on Blockchain)


BitMine Chairman Tom Lee stated during the Consensus Miami 2026 speech that if Bitcoin closes above $76k at the end of May, it will confirm the end of the bear market. He mentioned that since the outbreak of the US-Iran conflict, cryptocurrencies have led the performance, and a very small ETH exposure can provide excellent asset appreciation and downside hedging. Regarding the next bull market, he believes that "AI proxy and tokenization" will be the core driving forces, and tokenization is expected to create a $300 trillion market. Additionally, thanks to cost reduction and efficiency gains brought by blockchain settlement, the per capita profit of crypto companies will far surpass traditional finance, and in the future, half of the world's large financial institutions will be digital-native.
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