Tom Lee forecasts bullish 12-month outlook for crypto market

Tom Lee, chairman of BitMine Immersion Technologies, predicts a highly bullish period for cryptocurrencies over the next 12 months, citing the removal of market leverage, institutional blockchain adoption, and tokenization potential. Lee expects the Bitcoin cycle bottom to occur in October 2026. As of September 16, 2026, Bitcoin was trading near $75,900, down from its October 2025 peak of over $126,000. BitMine held 5.96 million ETH as of September 13, 2026. Notably, the U.S. Senate recently blocked the CLARITY Act, a policy Lee had previously identified as a potential market catalyst.