PANews reported on November 16th that Tom Lee, Chairman of the Board of BitMine, stated in an article on the X platform that in the past 8.5 years, BTC has experienced six drops exceeding 50% and three drops exceeding 75%. By 2025, Bitcoin will have increased 100 times compared to its initial recommendation, but by 2025, the price of Bitcoin will be 100 times higher than the initial recommendation. Tom Lee stated that to profit from this 100x supercycle, one must be able to withstand existential crises and hold on. He pointed out that cryptocurrency prices reflect their enormous future potential, therefore doubts exacerbate price volatility. Currently, he believes Ethereum is embarking on a similar supercycle. The path to higher levels is not straight, and holding is recommended.PANews reported on November 16th that Tom Lee, Chairman of the Board of BitMine, stated in an article on the X platform that in the past 8.5 years, BTC has experienced six drops exceeding 50% and three drops exceeding 75%. By 2025, Bitcoin will have increased 100 times compared to its initial recommendation, but by 2025, the price of Bitcoin will be 100 times higher than the initial recommendation. Tom Lee stated that to profit from this 100x supercycle, one must be able to withstand existential crises and hold on. He pointed out that cryptocurrency prices reflect their enormous future potential, therefore doubts exacerbate price volatility. Currently, he believes Ethereum is embarking on a similar supercycle. The path to higher levels is not straight, and holding is recommended.
Tom Lee: Ethereum will begin a supercycle similar to Bitcoin's.
PANews reported on November 16th that Tom Lee, Chairman of the Board of BitMine, stated in an article on the X platform that in the past 8.5 years, BTC has experienced six drops exceeding 50% and three drops exceeding 75%. By 2025, Bitcoin will have increased 100 times compared to its initial recommendation, but by 2025, the price of Bitcoin will be 100 times higher than the initial recommendation. Tom Lee stated that to profit from this 100x supercycle, one must be able to withstand existential crises and hold on. He pointed out that cryptocurrency prices reflect their enormous future potential, therefore doubts exacerbate price volatility. Currently, he believes Ethereum is embarking on a similar supercycle. The path to higher levels is not straight, and holding is recommended.
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