Tom Lee Warns of Possible 50% Bitcoin Price Drop
Tom Lee, BitMine chair, said Bitcoin could still face large price drops. He made these remarks in an interview with crypto entrepreneur Anthony Pompliano on October 24, 2025. Lee emphasized that despite Wall Street support, Bitcoin remains very volatile.
Lee warned that Bitcoin might lose up to 50% of its value in some market conditions. He noted that many believe Bitcoin is more stable now due to spot Bitcoin ETFs and more institutional investors. However, Lee said the cryptocurrency still reacts strongly to overall market moves.
Bitcoin Tracks Stock Market With Amplified Moves
Lee explained that Bitcoin often mirrors the stock market’s performance but with bigger swings. “The stock market has more frequent 25% drawdowns. So if the S&P is down 20, Bitcoin could be down 40,” he said.
He added that the S&P 500 has experienced several large declines in the past six years. Bitcoin usually follows similar patterns but with sharper changes. Lee also suggested Bitcoin may be entering a longer market cycle. This cycle could break away from its usual four-year pattern, which previously predicted a peak in October 2025.
This change may reflect Bitcoin’s maturing market and new types of traders getting involved.
Bitcoin Price and Market Data
Last month, Lee told CNBC he expects Bitcoin to reach $200,000 to $250,000 before the end of 2025. He warned that a 50% pullback from those levels could bring the price down to about $125,000. This is near Bitcoin’s current all-time high.
At the time of writing, Bitcoin trades around $111,475. It rose 1.89% in the last 24 hours. Trading volume dropped by 30% to $51 billion, according to data from CoinMarketCap.
