Tom Lee: Differing views explain internal memo on BTC price drop

Tom Lee, Chairman of Fundstrat and Bitmine (BMNR), has clarified the context behind a leaked internal document suggesting Bitcoin could fall to $60,000 in the first half of next year. He explained that Fundstrat does not impose a single viewpoint and that short-term and long-term opinions can differ within the organization. The document in question, believed to be authored by Sean Farrell, Fundstrat's Head of Digital Asset Strategy, also projected that ETH could drop to between $1,800 and $2,000, and SOL to between $50 and $75. Lee added that the difference in outlook stems from their distinct analytical approaches, noting that he focuses on macroeconomic market cycles and liquidity, while Farrell concentrates on fund flows and risk management.