$RIVER
Trending UpSnapshot Window: 2026-07-12 18:30 UTC · ← Back to Crypto Overview
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Total Engagement - Comments: 16, Retweets: 1, Likes: 20, Impressions: 73
Verbatim Community Citations & Social Evidence 1 source posts analyzed
TOM LEE: BITCOIN OVER $100,000 AND ETHEREUM BACK OVER $5,000 BY YEAR END He sets a clear test for whether the crypto thesis still holds: - He sees Bitcoin above $100,000 and Ethereum back over $5,000 by the end of the year - Bitcoin has been down three quarters in a row but [Spoken audio]: You know, I believe you're going to see Bitcoin over 100,000 by the end of the year and Ethereum, you know, back to over 5,000. So, you know, I think investors' patience is clearly tested because we've, I think Bitcoin's been down three quarters in a row. But I think it's never been down four quarters in a row. So, this would be a test that if they don't bounce from June to September, then you're right, maybe something's broken. Is there a price point at which you would say, yes, it is broken, the story is broken and it won't work anymore? Do you ever think about that? For Bitcoin, the way to look at it is its production cost because there is a cost of mining and to find the next block. And I think Bitcoin is is like 5% below production cost right now. If Bitcoin falls below 50% of production cost, it literally means you just take down the network, you can't support managing the Bitcoin network with its current price. I mean, that to me, that would be the equivalent of like JPMorgan trading at half a book value.
