Notable cryptocurrency proponents and market investors have outlined bullish possibilities for the apex cryptocurrency, Bitcoin, following its August run. As the market enters the final quarter of the year, market players have displayed collective optimism, with near-term and long-term predictions remaining largely bullish.
CNBC's Tom Lee is one such market personality whose recent interview highlights the analyst's ultra-bullish position on the Bitcoin market at this time. The Fundstrat managing partner and Head of Research maintains a positive outlook for Bitcoin and the leading altcoin Ethereum.Â
Tom Lee: Crypto Winter is Over
Lee, convinced that the market turbulence observed in the first, second, and third quarters of the year has subsided, predicts an even more bullish outcome for Bitcoin and Ethereum specifically.Â
For the analyst, the 4th quarter is enough time for Bitcoin and Ethereum to make a bullish comeback as a handful of market catalysts are well positioned to trigger a year-end rally. Bitcoin, which is yet to test the $100,000 price mark this year, is expected to go above $150,000.Â
“I think Bitcoin and Ethereum have a huge 4th quarter; catalysts have come together and actually are going to really strengthen into year-end. I think $150,000 is still possible.†Lee stated.



 
He observed that cryptocurrency fundamentals have appeared promising, driven by the success of tokenization, with the likes of Robinhood observing a breakout product launch and Agentic AI proving beneficial for Crypto.Â
Cryptocurrencies have also emerged as the best-performing macro asset in Q3; as such, September and the final quarter of the year are primed to observe notable institutional allocation to crypto, according to Tom Lee.Â
The End of the Four-Year Cycle
Lee also predicts the end of the four-year market cycle in September, saying skeptics are on track to return to the market. The analyst concludes that the market has seen the first leg up with August's notable performance, adding that institutional investors have been buying crypto stocks.
At report time, Bitcoin and ETH are trading at $80,956 and $2,515, respectively.
