Tom Lee: The Four-Year Cycle Is About to Be Broken, Says the Historical Rhythm May Be Rewritten in the Coming Weeks
Jinse Finance reported, citing CCN, that Tom Lee, Chairman of Ethereum treasury company BitMine, stated at a blockchain week event hosted by an exchange that bitcoin adoption could surge by 200 times. He pointed out that globally, only 4.4 million wallets hold more than $10,000 worth of bitcoin, while over 900 million people have retirement accounts exceeding this amount. If these funds are allocated to bitcoin, it would create enormous growth potential. Tom predicted that bitcoin's traditional four-year cycle is about to be broken, saying that the historical rhythm may be rewritten in the coming weeks. He believes that the recent decline since October is mainly due to deleveraging rather than the halving cycle, and noted that despite the weakness in the crypto market, gold has risen 61% this year and the S&P 500 has increased by nearly 20%. Tom emphasized that tokenization will become the dominant trend, with Wall Street planning to put nearly tens of trillions of dollars of financial products on-chain. He stated that Ethereum is the future of finance and the core of tokenization, and pointed out that the BlackRock bitcoin ETF has become one of its top five fee-generating products.
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