Tom Lee: Bitcoin Has Exited ‘Crypto Winter,’ Will Rise In March

Fundstrat’s Tom Lee says the crypto market has moved past its winter phase, with reduced speculation and leverage creating a healthier foundation for future gains.

Markets Could Move Higher Through March

Markets, including crypto and major tech stocks, appear to have emerged from a recent bear phase, Lee said in a CNBC interview on Tuesday.

He expects markets to move higher in the near term, particularly through March, although he warned that a broader bear market could develop later in the year.

A roughly 20% decline could occur once markets stop reacting positively to good news, a signal Lee views as a typical indicator that a larger downturn may be forming.

For now, much of the speculative excess …

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