In the recent "The Pomp Podcast", host Anthony Pompliano talked with Tom Lee about his views on gold and BTC. Tom Lee shared his in-depth views on the future trends of gold and BTC.
Tom Lee gave a unique interpretation of the recent surge in gold prices:
The recent strong rise in gold can be explained not only from a technical perspective (the breakthrough of the "cup and handle pattern"), but also from a core driving force that is easily overlooked - stablecoin project parties are quietly becoming the main buyers of gold.
He pointed out that as more and more US dollar stablecoins are minted through overcollateralization mechanisms, this newly released US dollar liquidity has not flowed back into the traditional financial system, but may instead be directly allocated to gold, even with buying power exceeding that of central banks worldwide. The fact that there are already seven or eight gold-backed stablecoins on the market suggests that the stablecoin industry is reshaping the buyer landscape for global safe-haven assets.
More importantly, Tom Lee believes that the rise in gold is "super positive" for Bitcoin.
He proposed a surprising hypothesis: if the price of gold stabilizes at $5,000, then based on the total market value, the reasonable price of Bitcoin might reach $1.6 million to $2 million. He boldly predicted that this price is not unattainable within the next five years.
He also pointed out that Bitcoin only has about 10 key trading days throughout the year, and Q4 is often a high-probability window for a market explosion, especially considering potential catalysts such as the Federal Reserve's shift, the US government shutdown crisis, and geopolitical demand for safe-haven assets. He even said, "It's still possible for Bitcoin to hit $200,000 before the end of the year."
