Tom Lee’s Bold Call: Bitcoin Bottom at $92k Despite Liquidation Fears

Bitcoin's price floor just got a major, if controversial, upgrade.

A Target That Turns Heads

Forget the whispers of a crash—one prominent voice is mapping a path to unprecedented highs. The call for a bottom at $92,000 isn't just optimistic; it's a direct challenge to the prevailing narrative of fear. It suggests the current market tremors are a setup, not a collapse.

The Liquidation Overhang

The specter of forced selling from a major strategy looms, creating a classic wall of worry. This is the friction that makes markets, the kind of pressure that either breaks support or forges a stronger foundation. Every major rally needs its doubters—and its potential liquidators.

Building a Bull Case on Shaky Ground

This is finance at its most paradoxical: projecting a record-high floor amid legitimate risks of a flush-out. It’s the ultimate test of conviction versus collateral. One can almost hear the traditional fund managers scoffing into their spreadsheets—after all, what’s a crypto cycle without a little healthy skepticism from the old guard?

The stage is set. Will fear trigger the liquidation, or will conviction validate the call? The next move defines more than just a price point; it defines the market's character.

Tom Lee, Chairman of BitMine, has predicted that the Bitcoin (BTC) and crypto correction is over. Lee posted on X that the recently escalated fear by Venture Capital has marked the bottom for crypto correction, hence signaling a market reversal ahead.

His crypto market’s reversal thesis is backed by money, whereby BitMine purchased $150 million worth of ethereum (ETH) on Wednesday, December 4. The crypto investor used the theory that the capitulation of whale investors was the last signal of a correction bottom.

That is a sign of a bottom

JPMorgan is Cautious about the Midterm Bitcoin Outlook amid Influence by Strategy 

 On Wednesday, JPMorgan reminded crypto investors that the Bitcoin price will be influenced negatively if Strategy sells its holdings. The bank said that Strategy must ensure that its enterprise value-to-Bitcoin holdings ratio must hold above 1.0, which currently stands at 1.13.

Strategy has a $1.44 billion cash reserve to ensure its debts are fully serviced. The company has since reduced its ambitious bitcoin accumulation, whereby it added 9,062 tokens last month compared to 134,480 a year ago during the same month.

The company has protected its Bitcoin holdings ms with a sophisticated method, which involves leveraging the digital credit. 

Main Reasons BTC will Lead Crypto Debound Soon

According to Alice Liu, Head of Research at CoinMarketCap, during the Binance week in Dubai, the crypto market will record a comeback in the first quarter of 2026.

“We are going to see a market comeback in Q1 of 2026. February and March will be a bull market again, based on a combination of macro indicators,” Liu stated.

The rising global money supply, catalyzed by the Fed’s end of its Quantitative Tightening and declining lending rates will eventually increase crypto liquidity.