Tom Lee: The four-year cycle pattern of Bitcoin has been broken, but a 50% drop may still occur

ChainCatcher news, Tom Lee stated in an interview with cryptocurrency entrepreneur Anthony Pompliano: "I am confident that Bitcoin will see a 50% drop. A 25% drop in the stock market is becoming more frequent, and the stock market has made significant progress over the past six years; we have experienced unusually large 25% drops, so if the S&P 500 drops by 20 points, Bitcoin could drop by 40 points."

Tom Lee also mentioned that Bitcoin has broken its typical four-year cycle, indicating that a "longer cycle" is forming.