Tom Lee: This week could mark the "best 10-day period" for Bitcoin to post concentrated gains.
2026.08.21 23:37:55
Tom Lee posted on X that investors waiting for the October crypto market bottom need to re-examine timing risks. Citing Fundstrat’s “Bitcoin Rule of 10 Best Days,” he noted that Bitcoin’s long-term gains are heavily concentrated in a small number of trading sessions. Historical data shows most of Bitcoin’s returns stem from its 10 best-performing trading days annually; missing these 10 days could lead to a sharp drop in investment returns. Data indicates that capturing Bitcoin’s 10 best trading days yields a cumulative return of roughly 162%, while returns fall to -14% if these days are excluded. “This week has already become one of those 10 best days, so long-term investors should opt to HODL rather than attempt to time the bottom precisely,” Tom Lee stated.
NVIDIA CEO Jensen Huang is discussing plans to return to the company with his allies, while Silicon Valley executives plan to form a "war room" to lobby the firm's board of directors.
2 hours ago
Monday price preview for US and South Korean stock markets: SK Hynix is projected to open down approximately 3.8%, with most US stocks trading lower in pre-market hours.
2 hours ago
Binance will adjust the contract size of the ANTHROPIC USD-margined Pre-IPO perpetual contract and rename it to ANT.
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The number of signatures on the petition calling for Jensen Huang's return has surpassed the 150,000 mark, with well-known public figures including Elon Musk and Tom Lee having publicly expressed their support.
2 hours ago
US Treasury Secretary warns Federal Reserve against further monetary policy tightening.
2 hours ago
US Treasury Secretary: Significant changes needed to NVIDIA's leadership
2 hours ago
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