Mark Newton, senior analyst at the fund founded by Tom Lee, stated in a post on the social media platform X that many analysts argue that the cryptocurrency market has reached its peak based on classical technical indicators, but he does not agree with this view.
Newton listed five key reasons why the current market has not yet peaked:
According to Newton, when these indicators are combined, it appears that the “market top” narrative has yet to gain support.
Tom Lee, the president of the same fund, argued in an interview with Anthony Pompliano that Bitcoin’s classic “four-year cycle” model may no longer be valid. According to Lee, many market participants expect Bitcoin’s next peak to be in early 2026, but he noted that “when everyone is thinking the same way, that view is often proven wrong.”
