This phenomenon is known in the management context as "incentivized sycophancy" - rewarding subordinates for uncritically supporting bad decisions, which fosters a toxic culture of loyalty and amplifies leaders' errors (e.g., echo chambers).
Here is a list of key, completely failed predictions by Tom Lee regarding cryptocurrencies from recent years:
❌ December 2017: Bitcoin will reach $25,000 by end of 2018 (BTC closed the year at ~$3,700).
❌January 2018: Bitcoin will rise to $91,000 in 2019 (2019 peak ~$14,000,
They explain this by saying that the ongoing government shutdown is disrupting the Bureau of Labor Statistics' collection of data for the October CPI index. 👀
Trump claims inflation is "almost zero," but CPI rose to 3% in September 2025 – cost of living (food +3.1%, housing) is hitting ordinary Americans' wallets.
Stock market records? Yes, but for Wall Street, not Main Street.
World respect? Pew polls show a decline – median 49%
Bitcoin is programmed from the first block, hence its repeatability:
ATH (1064 days after ATL): October 6, 2025
ATL (364 days after ATH): October 5, 2026
ATH (1064 days after ATL): September 3, 2029
Now, patience and waiting for the next cycle.
Stay up to date with CryptoWhale!
This constant news from the US about the crypto market looks strange, to say the least. It's as if they were desperately looking for exit liquidity for institutions. 🤔