BitMine co-founder Tom Lee recently appeared on CNBC and highlighted four catalysts that could trigger another bull run for the cryptocurrency market, potentially pushing Bitcoin (BTC) back to the $100K mark. Lee’s BitMine presents one of the most bullish outlooks for Ethereum (ETH), holding 4.8% of all ETH in circulation. Let’s discuss what the expert has to say.
Bitcoin to $100k Needs Just Four Catalysts?
The first catalyst that could trigger a bullish outbreak for Bitcoin (BTC) is the passing of the CLARITY Act. Lee anticipates the legislation to be passed into law in September 2026. The passing of the CLARITY Act has a lot of potential for triggering the next bull run. The move could lead to a massive surge in investor confidence. We could see increased inflows into Bitcoin (BTC) and other cryptocurrencies if the CLARITY Act is passed.
The second catalyst according to Lee is sidelined short positions and cash returning to the market. Such a move could increase liquidity for Bitcoin (BTC) and the larger cryptocurrency market. Recently the US Treasury decided to increase bond buybacks which led to higher liquidity in the high-risk assets. Bitcoin (BTC) climbed to the $80,000 mark as a consequence.
The third catalyst Lee anticipates is a reallocation of Asian capital into Bitcoin (BTC) and the larger cryptocurrency market. This will further increase liquidity in the cryptocurrency sector, potentially pushing Bitcoin (BTC) back to the $100K mark.
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Lastly, Lee expects global institutions to increase buying under quarterly performance pressure. Financial institutions often move prices, and we could see a similar trend later this year. Bitcoin (BTC) and Ethereum (ETH) saw increased corporate buying in 2025. The pattern could emerge in late 2026 as well.
Lee expects Ethereum (ETH) to breach the $6000 mark if Bitcoin (BTC) rises to $150,000. Whether the target will be reached in 2026 or not, is yet to be seen.