Tom Lee: Bitcoin has increased 100 times in 8.5 years, and Ethereum is entering a similar supercycle

ChainCatcher news, BitMine Chairman Tom Lee stated on social media that bitcoin is a volatile asset. His company first recommended bitcoin to clients in 2017 (with an allocation ratio of 1% - 2%), when the BTC price was around $1,000.

In the past 8.5 years, BTC has experienced six drops of more than 50% and three drops of more than 75%. As of 2025, bitcoin has increased 100 times compared to when it was first recommended. Tom Lee pointed out that to benefit from this 100x super cycle, investors must persist in holding at critical moments.

He explained that cryptocurrency prices reflect huge expectations for the future, so doubts will bring volatility. Tom Lee believes that ETH is currently starting the same super cycle, but emphasizes that the upward path is not a straight line.