Tom Lee’s 2% Bitcoin Bet Became 85%

Tom Lee’s 2% <a href="https://xpertsstudio.com/bybit-warns-bitcoin-volatility-could-spike-as-fed-meeting-nears/” title=”Bybit warns Bitcoin volatility could spike as Fed meeting nears”>Bitcoin Bet Became 85% — Can His $6K ETH Call End His Misses?

• BTC-USD
• ETH-USD

• Tom Lee says Fundstrat clients who allocated 2% to Bitcoin more than a decade ago saw the position grow to over 85% of their portfolios.

• Ethereum ETFs attracted $216 million in one session, while Lee-led BitMine now owns approximately 4.9% of ETH’s supply.

• Lee’s $6,000 Ethereum forecast would require a roughly 142% rally — and follows several bullish Bitcoin and ETH targets that missed their deadlines.

Tom Lee has forecast that Ethereum will reach $6,000 as institutional investors increase their exposure to the crypto.

The BitMine chairman’s prediction comes as US Ethereum ETFs attract fresh inflows and his company closes in on owning 5% of ETH’s circulating supply.

However, Lee has repeatedly missed crypto targets, including forecasts that Bitcoin would reach $25,000 in 2018 and $250,000 in 2025.

His latest call also follows a new claim that Fundstrat clients who originally allocated just 2% of their portfolios to Bitcoin saw the position grow to more than 85% without buying additional BTC.

How a 2% Bitcoin Position Became 85%

Fundstrat began recommending that willing clients allocate 2% of their portfolios to Bitcoin more than a decade ago, when the crypto traded below $1,000.

In a recent Wealthion interview, Lee said the average account that followed the recommendation subsequently saw Bitcoin grow to represent more than 85% of its portfolio.

“Our original recommendation for a 2% position, for the average account for Fundstrat that actually took our advice, is now over 85% of their portfolio,” Lee said.

“They bought 2% and Bitcoin’s gone up a lot in price.”

The statistic puts into perspective the enormous returns from holding Bitcoin through multiple crashes and recoveries.

However, it also assumes investors left the position untouched.

Regularly rebalancing a diversified portfolio would have prevented Bitcoin from growing to an 85% weighting.

Tom Lee Says Ethereum Can Reach $6,000

Despite bullish Bitcoin predictions, Lee’s attention remains heavily on Ethereum, which he believes could become a central settlement layer for tokenized Wall Street assets and AI-driven financial activity.

In August, Lee described $6,000 as a conservative target based on Bitcoin reaching $150,000 and the ETH/BTC ratio climbing to 0.04.

That calculation produces an Ethereum price of exactly $6,000.

With ETH currently trading near $2,482, the target would require a rise of approximately 142%.

Bitcoin, meanwhile, would need to climb roughly 95% from around $77,000 to fulfill the other half of Lee’s scenario.

Source: finance.yahoo.com