Tom Lee Says Markets Are ‘Deeply Oversold,’ Expects Bitcoin To Lead Rebound As Investors Fear Trump’s Tariff Impact
Posted On April 1, 2025
Fundstrat‘s Tom Lee believes markets are poised for a rebound despite widespread investor anxiety ahead of President Donald Trump‘s anticipated tariff announcement on Wednesday.
What Happened: “Markets are deeply oversold,” Lee wrote on Monday on X, adding that “too many are only pricing in ‘worst case’” scenarios. He said that Bitcoin (CRYPTO: BTC) “likely leads bounce when recovery starts.”
Lee, Fundstrat’s Head of Research and Chief Investment Officer, noted high anxiety among fund managers who fear economic downturn following Trump’s Apr. 2 “Liberation Day” announcements. These concerns stem from uncertainty around tariff impacts and the Trump administration’s policies.
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