Tom Lee Still Sees Bitcoin At $250,000 But Warns 2026 Gets ‘Jagged’

Fundstrat’s Tom Lee reiterated his $250,000 Bitcoin target while cautioning that 2026 could be a “jagged” year for crypto adoption and a turbulent one for broader risk assets, framing any major pullback as a buying window rather than a signal to de-risk. Speaking on The Master Investor Podcast with Wilfred Frost in an interview released Jan. 20, Lee said he expects 2026 to ultimately “look like a continuation of the bull market that started in 2022,” but argued markets must first digest several transitions that could deliver a drawdown large enough to “feel like a bear market. ” $250,000 Bitcoin Call Comes With A 2026 Warning Lee pointed to what he described as a “new Fed” dynamic, arguing markets tend to “test” a new chair and that the sequencing of identification, confirmation, and reaction can catalyze a correction source: https://www.newsbtc.com/bitcoin-news/tom-lee-bitcoin-250000-warns-2026-gets-jagged/