Tom Lee Says S&P 500 Above 7,700 Is Very Probable, But What About Bitcoin?
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Fundstrat’s Tom Lee says the S&P 500 is very likely to exceed 7,700 in 2026, noting the US market added over $10 trillion in just 29 trading days and hit record daily closes. Bitcoin is roughly 40% below its all-time high while stocks surge, creating a rare equity-crypto divergence that changes market dynamics. Crypto impact: the divergence increases short-term downside risk for Bitcoin and could delay institutional flows and broader crypto adoption despite a strong risk-on equities backdrop (market impact, adoption, Bitcoin, crypto).
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- Tom Lee says the S&P 500 above 7,700 is very probable, citing strong earnings and resilience.
- The US stock market added over $10 trillion in 29 days, posting its highest-ever daily close.
- Bitcoin is 40% below all-time highs while stocks hit records, creating a rare divergence.
Fundstrat’s Tom Lee is making one of his most confident market calls of the year. Speaking Monday, the strategist said the S&P 500 pushing above 7,700 in 2026 is “very probable,” pointing to an economy that has demonstrated remarkable resilience through a period that threatened to derail the entire bull market.
The S&P 500 hit a new all-time high, posting its highest daily close, while the US stock market added more than $10 trillion in market value over just 29 trading days in what analysts are calling the biggest reversal in decades.
Three Risks, Three Tests Passed
Lee framed the reco…
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