Tom Lee: Fundstrat analyst forecast discrepancies stem from differences in responsibilities and timeframes.

Tom Lee responded to the controversy surrounding his conflicting outlook on Bitcoin with that of Fundstrat analysts. He clarified that Fundstrat executives do not base their work on a single, unified forecast, but rather on different investment objectives. Farrell's comments reflect a defensive positioning strategy focused on drawdown risk, capital flows, and cost basis, aiming to reduce the proportion of cryptocurrencies in model portfolios rather than a long-term bearish view. Mark Newton's perspective, on the other hand, is entirely based on chart structures. Tom Lee stated that his role is more focused on macro liquidity cycles, structural shifts in the market, and the impact of institutional investors and ETFs on the Bitcoin cycle.