Bitcoin Price Could Fall Over 50%, Says BitMine Chair Tom Lee

The Bitcoin (BTC) market is once again grazing with trepidation as BitMine Chairman Tom Lee warns that the flagship cryptocurrency could experience a 50% correction, in line with possible dips in mainstream markets. 

While new optimism driven by ETFs and institutional buying fuels enthusiasm, Lee's warning reminds traders that Bitcoin remains closely tied to broader risk sentiment — and that volatility, while muted, never really fades in crypto.

Such projects as Remittix are emerging in this new world, providing novel decentralized payment systems intended to remain immune to market fluctuations.

BTC Still Reflects Traditional Markets

Lee's recent statements follow a round of optimism from investors who believe BTC's price volatility has declined amid the launch of spot ETFs and institutional entry. But in Lee's opinion, Bitcoin's past repeats itself — it will continue to drive equity market trends.

The analyst noted that macroeconomic stability is higher, yet the correlation with equities suggests extreme corrections are still on the cards. Historical precedent is on his side: after rising to $69,000 in November 2021, Bitcoin plummeted nearly 50% over the next three months.

Bitcoin Price Levels and Risk Outlook

BTC is at $111,311.38, up 2.02% in the last 24 hours. Its market cap is $2.21 trillion, with trading volume dropping 24.96% to $52.44 billion — an indicator that traders are being defensive ahead of the next macro catalyst.

If Bitcoin is already close to its cycle peak, a 50% decline would bring prices down to the $55,000 levels last seen in September 2024. That was the fear expressed recently by veteran trader Peter Brandt, who compared Bitcoin's price structure to the collapsed 1970s soybean market after a strong rally.

While Lee keeps his wider bull case in the long term, he recently made the case on Bankless that Bitcoin might still reach $200,000–$250,000 by year-end — suggesting even a deep pullback would be part of a long-term growth cycle.

ETH Accumulation and Broader Market Shifts

Apart from Bitcoin, Lee is also bullish on Ethereum (ETH). Following the recent decline, his company reportedly bought 379,271 ETH, worth approximately $1.5 billion, from BitMine Immersion Technologies. The firm now holds more than 3 million ETH, or 2.5% of the available supply, and aims for a 5% share — an aggressive move that reflects the belief that Ethereum will play a long-term role in decentralized finance.

Lee likened the potential shift in Ethereum's dominance to Wall Street's shift from equities to gold in the 1970s and added that ETH could ultimately become a contender as a store of value for Bitcoin.

Remittix Gains Momentum as BTC Struggles to Remain Stable

While the leading cryptos are preparing for a storm, Remittix (RTX) keeps on increasing steadily in the background. The project has raised $27.7 million+, selling 681 million+ tokens at $0.1166 per token, and has already obtained its first two CEX listings — BitMart and LBANK.

Remittix is thoroughly audited by CertiK and ranked #1 among pre-launch tokens, reflecting its transparency and investor confidence. The project just introduced a referral campaign that rewards referrers with 15% USDT and a $250,000 giveaway to encourage engagement.

Highlights are:

• Security ranking and audit at the top by CertiK

• Wallet beta test now live

• Several centralized exchange listings confirmed

• Global payment integration and 15% referral rewards

With live payment functionality and increased liquidity, Remittix is shaping up to be one of the most robust blockchain payment initiatives — one that will endure whether BTC sees a 50% correction or roars to new all-time highs.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway